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company news about Nickel price has increased by more than 10% this year, and the promotion of high nickel ternary battery is expected to boost nickel demand

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Nickel price has increased by more than 10% this year, and the promotion of high nickel ternary battery is expected to boost nickel demand
Latest company news about Nickel price has increased by more than 10% this year, and the promotion of high nickel ternary battery is expected to boost nickel demand

 

It is considered that since the fourth quarter of 2020, the domestic demand for refined nickel has not been weak in the off-season, and the driving force of nickel demand from new energy and alloy industries is an important reason for the recent sustained strength of nickel price. With the promotion of high nickel ternary batteries, the demand for nickel in the field of new energy vehicles is further increasing. It is estimated that by 2030, the global demand for nickel in batteries is expected to reach 160000 tons, accounting for 31%.

 

The price of electrolytic nickel has continued the upward trend of last year since 2021. The results show that on February 19, the average price of electrolytic nickel was 142800 Yuan / ton, a new high since September 2019, with an increase of over 10% during the year.

 

It is considered that since the fourth quarter of 2020, the domestic demand for refined nickel has not been weak in the off-season, and the driving force of nickel demand from new energy and alloy industries is an important reason for the recent sustained strength of nickel price. With the promotion of high nickel ternary batteries, the demand for nickel in the field of new energy vehicles is further increasing. It is estimated that by 2030, the global demand for nickel in batteries is expected to reach 160000 tons, accounting for 31%.

 

The results show that on February 19, the average price of electrolytic nickel was 142800 Yuan / ton, a new high since September 2019. It has risen for six consecutive quotation days. Compared with the previous trading day, the average prices on February 18 and 19 increased by 2850 Yuan / ton and 2950 Yuan / ton respectively. Since the beginning of this year, the average price of electrolytic nickel has increased by 13400 Yuan / ton, or more than 10%.

 

"The rapid rise of electrolytic nickel in the short term is mainly due to the general rise of non-ferrous metal prices, and nickel, like copper, is basically good. In addition, nickel is highly speculative and there is speculation expectation. "

 

Since the fourth quarter of 2020, the overall demand of domestic refined nickel has shown the characteristics of off-season, especially in the aspect of new energy and alloy, which is also an important factor to promote the recent continuous strengthening of nickel price.

 

The data shows that since the fourth quarter of 2020, the average monthly output of nickel sulfate in China has reached 16600 tons. Due to the continuous boom of global demand for new energy electric vehicles, the production scheduling of ternary precursor and ternary material production enterprises in the middle reaches has remained high.

Pub Time : 2021-02-23 10:59:53 >> News list
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