This chart shows Nickel Sulfate price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Nickel Sulfate, US (United States): Nickel Sulfate, import transaction price, cif, United States
- Nickel Sulfate, EUR (Europe): Nickel Sulfate, export transaction price, fob, Germany
- Nickel Sulfate, CN (China): Nickel Sulfate, domestic spot price, ddp, China
- Nickel Sulfate, NEA (Northeast Asia): Nickel Sulfate, export transaction price, fob, Northeast Asia
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Nickel Sulfate.
Data Use
Nickel Sulfate prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Nickel Sulfate price assessments are available via different delivery methods:
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Nickel Sulfate Price Outlook
Nickel Sulfate Price Outlook. The price of Nickel Sulfate (United States) decreased during May 2020 to 3,440 USD per metric ton, which represents a considerable decline of 12% compared to the previous month’s value. On a year-over-year basis, the prices of Nickel Sulfate (United States) decreased significantly by 7%. Meanwhile, the average price of Nickel Sulfate (China) amounted to 3,770 USD per metric ton, from 2,960 USD per metric ton one year earlier. On a month-over-month basis, the price of Nickel Sulfate (China) is 25% higher than the price one month before.
The price of Nickel Sulfate (Europe) declined throughout May 2020, reaching 2,720 USD per metric ton. The price is 5% lower than the average price in the previous month and 7% lower than the average price one year before. In contrast, the prices of Nickel Sulfate (Northeast Asia) decreased modestly during May 2020, reaching 3,060 USD per metric ton, which means a decline of 1% from the previous month’s price and a decline of 7% from the previous year’s price.
About Nickel Sulfate
About Nickel Sulfate. Nickel Sulfate (a.k.a. Sulfates of Nickel) is an inorganic odorless salt that appears as green to blue crystals. It is soluble in water but insoluble in alcohol and ether. This salt is found in nature, although hardly in its free form. When discussing nickel sulfate, it is usually not about the anhydrate form, but the two forms commercially available: nickel hexahydrate (NiSO4.6H2O) or nickel heptahydrate (NiSO4.7H2O).
Nickel Sulfate Handling. Nickel sulfate is not flammable, although it should be handled with caution, since the Journal of Occupational Medicine and Toxicology has published evidence that the salt has been shown to be carcinogenic to both the lungs and nasal passages in instances of long-term inhalation exposure. It is recommended to store in dry, cool, well-ventilated areas, away from direct sunlight.
Nickel Sulfate Production. Raw materials and the respective production processes employed in the manufacturing of Nickel Sulfate are listed below.
- Nickel + sulfuric acid (salt formation),
- Electrolytic copper refining byproduct
Nickel Sulfate Uses. The uses and applications of Nickel Sulfate may vary according to its specification. The main forms of Nickel Sulfate are chemically pure (CP, 99% minimum purity) grade; technical grade (98% minimum purity); liquid solution; and single crystals.