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SunSirs: New Energy Boosts, Nickel Prices in the Chinese Market Continue to Rise, A Year-on-Year Increase of 35.66%


Chemical News
SunSirs: New Energy Boosts, Nickel Prices in the Chinese Market Continue to Rise, A Year-on-Year Increase of 35.66%
http://www.chemnet.com   Jul 27,2021 SunSirs
  On the 26th, the price of nickel continued to rise. The spot price of nickel was 147083.33 yuan/ton, an increase of 2.74% from the previous trading day, an increase of 14.79% from the beginning of the year, and a year-on-year increase of 35.66%.
  Spot nickel prices continued to rise slightly, with a single-day increase of 4,000 yuan/ton. The increase in nickel prices is related to the increase in demand boosted by the development of the new energy industry. First, the global mining giant BHP Billiton suddenly announced that it has signed a nickel supply agreement with the new energy car giant Tesla, which will be provided by its subsidiary company Western Nickel. Then Toyota suddenly announced that the bipolar nickel-metal hydride battery has started mass production applica ....

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