Singapore's Abaxx Commodities Exchange thinks a new nickel sulphate contract could be the answer.
The sulphate market has been forecast by research house Roskill to grow at an annual rate of 22% over the current decade as the green mobility revolution accelerates.
China's imports of nickel sulphateTRADE BOOMChina's surging imports of nickel sulphate are a reflection of the product's stunning growth as battery cathode input.
China's nickel imports by product 2020-2023PRICING PROBLEMSNone of this new Indonesia-China nickel trade has a natural exchange pricing home.
LME nickel trading volumes have stabilised but are still running significantly below levels seen prior to the March 2022 trading halt.
Persons:
Antara, It's, Roskill, Mike Harrison
Organizations:
PT Vale Indonesia, REUTERS Acquire, London Metal Exchange, Abaxx Commodities, Canadian, Technologies, Shanghai Futures Exchange, EV, Imports, China's, Class, Global Commodity Holdings, Reuters, Thomson
Locations:
Sorowako, South Sulawesi, Indonesia, China, Finland, South Africa, South Korea