Our Price Explained
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What is the Platts DDP China Nickel Sulfate price assessment?
What is the Platts DDP China Nickel Sulfate price assessment?
Platts Nickel Sulfate DDP China assessment by S&P Global Commodity Insights reflects physical spot market prices for min 22% nickel content and max 100 ppb magnetic materials, often referred to by market participants as Class 2 nickel sulfate. The assessments are timestamped to 4:30 pm Singapore time and are published on a daily frequency.
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How do we assess the Platts DDP China Nickel Sulfate price?
How do we assess the Platts DDP China Nickel Sulfate price assessment?
Platts DDP China Nickel Sulfate assessments by S&P Global Commodity Insights are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business each day. All origins of Class 2 nickel sulfate are considered, and other grades of Class 2 nickel sulfate may be normalized back to Platts base standard specifications, subject to prevailing market differentials. Platts additionally assesses seaborne nickel sulfate on a CIF Northeast Asia basis.
S&P Global Commodity Insights collects data from market participants across the full supply chain, allowing us to produce a balanced assessment of price by engaging with suppliers, traders, and consumers of all size and scale.
S&P Global Commodity Insights coverage of the nickel sulfate market is led by a global team across multiple offices including Singapore, Sao Paulo, Houston and London. The reporters in these regional offices cover the key supply and consumption locations for nickel.