Some good may come out of the Nickel market implosion from March. It seems like market contributors are wanting a Nickel Sulphate market specifically for the battery segment of the nickel market.
https://www.spglobal.com/commodityinsights/en/market-insights/blogs/metals/062822-china-nickel-sulfate-lme-pricing-mechanisms
Interesting that the premium of Nickel Sulphate over the LME pricing seems well over the 6.25% or USD0.50/lb (I think) which was assumed in the SS. Looks around 20%-28% premium to me, both pre and post the short squeeze.
Trading day running commentary, page-3455
-
- There are more pages in this discussion • 1,156 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $195.9M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 37.5¢ | $210.4K | 537.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 33034 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |