As a raw material of the hybrid battery, Nickel's wide move continues

Nickel prices on the London Metal Exchange (LME) rose 15% to a daily limit of $37,200/ton, in another series of wild swings as the market seeks to recalibrate after an unprecedented short squeeze and a week-long trading hiatus. Nickel is up 53% this month in London after the wild swings.

As a neccessary raw material of Nimh hybrid battery, we have stopped accepting orders during the peak time and will resume our nimh cells production when the nickel market back to normal to assure the price steady for end-clients.