Metals & Mining, Non-Ferrous

March 23, 2026

Platts to discontinue MHP CIF North Asia payables assessments basis Platts nickel sulfate June 1

Platts, part of S&P Global Energy, will discontinue its price assessments for mixed hydroxide precipitate (MHP) CIF North Asia payables basis Platts nickel sulfate assessments, effective June 1, 2026.

The discontinuation follows industry feedback and reduced trading activity observed for MHP payables based on nickel sulfate prices, and a shift towards MHP payables based on the monthly average values of nickel futures over the past two years.

The assessments to be discontinued are:

Assessment Symbol UoM Type
MHP CIF North Asia Payables Basis Platts Nickel Sulfate BATMB00 % Assessment
MHP CIF North Asia All-In Price Basis Sulfate BATMA00 Yuan/mt Assessment
MHP CIF North Asia All-In Price Basis Sulfate BATME00 $/mt Calculation
MHP CIF North Asia Payables Basis Platts Nickel Sulfate (monthly average) BATMB03 % Calculation
MHP CIF North Asia All-In Price Basis Sulfate (monthly average) BATMA03 Yuan/mt Calculation
MHP CIF North Asia All-In Price Basis Sulfate (monthly average) BATME03 $/mt Calculation

Platts proposed to discontinue the assessments on March 2 in a subscriber note available here.

Platts MHP CIF North Asia payables basis LME nickel assessments are not affected by this proposed discontinuation. For more details on Platts Battery Metals assessments, please refer to the Global Nonferrous Metals Specifications Guide, available here.

The assessments are published in Platts Nonferrous Metals Alert on pages MTL/PMA8888 and MTL/PMA8880, in Platts Metals Daily, in Platts Battery Metals Market Report, and in the Platts price database.

Please send any feedback, comments or questions to battery_metals@spglobal.com and pricegroup@spglobal.com.

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