PRICING NOTICE: Fastmarkets launches nickel sulfate reference prices

Fastmarkets today, Thursday April 1, launches two new reference prices: nickel sulfate, cif China, Japan and Korea, $ per tonne; and nickel sulfate premium, cif China, Japan and Korea, $ per tonne.

The consultation for this price launch began on Monday March 1, 2021, and ended on Wednesday March 31, 2021.

The price specifications are as follows:

MB-NI-0246 Nickel sulfate, cif China, Japan and Korea, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% max, min 22%, cobalt 50ppm max
Quantity: 1 metric tonne
Location: cif main ports China, Japan, Korea (other ports normalized)
Timing: Within 60 days
Unit: US dollars per tonne
Publication: Monthly, first working day of each month, 4pm London time

MB-NI-0247 Nickel sulfate premium, cif China, Japan and Korea, $ per tonne
Quality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% max, min 22%, cobalt 50ppm max
Quantity: 1 metric tonne
Location: cif China, Japan and Korea, on top of monthly average LME nickel cash price
Timing: Within 60 days
Unit: US dollars per tonne
Publication: Monthly, first working day of each month, 4pm London time

If you would like to provide price information by becoming a data submitter to these prices, please email Juliet Walsh at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Juliet Walsh, re Nickel sulfate cif CJK $ per tonne, Nickel Sulfate premium cif CJK $ per tonne.’

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Lithium hydroxide production outside China continues to encounter operational hurdles and softer downstream demand, slowing the pace at which new capacity can achieve stable commercial output.
The publication of the affected price was delayed for 2 hours 36 minutes. The following assessment was published late: MB-LI-0043 Spodumene min 6% Li2O, contract price, cif China, $/tonne This price is a part of the Fastmarkets industrial minerals package. For more information or to provide feedback on the delayed publication of this price, or if […]
The erroneously published price assessments on Monday February 16 have been invalidated. Fastmarkets’ pricing database has been updated to reflect this change. The assessment was last published on February 2, and the next publication date will be March 2. The assessment follows the Chinese holiday calendar. The following assessments were affected:MB-FEN-0003 Ferro-nickel premium/discount, 26-32% Ni contained, […]
Fastmarkets has corrected its MB-BX-0016 Bauxite, cif China, price assessment, which was published incorrectly on Friday February 20.
Fastmarkets proposes to launch four monthly price assessments for tissue jumbo rolls delivered to China on Friday April 3.
Gains in byproduct values are expected to play an increasingly important role in Chinese zinc and lead smelters’ margins in 2026, especially because concentrates availability is likely to tighten, adding further pressure to treatment charges (TCs), the primary income source for metal refiners, industry sources told Fastmarkets in the fortnight ended Friday January 16.