Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/7/3 |
2024/7/2 |
Change |
Ternary precursor |
523 Poly-crystal |
69,000-72,000 |
69,000-72,000 |
0 |
622 Sing-crystal |
73,000-79,000 |
73,000-79,000 |
0 |
|
811 Poly-crystal |
88,000-92,000 |
88,000-92,000 |
0 |
|
Ternary cathode material |
523 Poly-crystal |
108,000-120,000 |
108,000-120,000 |
0 |
622 Sing-crystal |
122,000-135,000 |
122,000-135,000 |
0 |
|
811 Poly-crystal |
130,000-145,000 |
130,000-145,000 |
0 |
Outlook:
Last week, the prices of ternary precursors was still stable due to the stable nickel sulfate prices. Meanwhile, the orders for ternary cathode materials weakened, and precursor shipments declined also. Many companies chose to reduce the production, resulting in weak overall supply and demand in the market. The ternary precursor enterprises focused on the delivery of long-term orders, and the market players mostly held a wait-and-see attitude.
Last week, the prices of ternary cathode materials was stable due to the weakening of raw material prices. The electric vehicle sales in June increased slightly, but the installed capacity of ternary batteries continued to drop. At the same time, the top-tier ternary battery cell companies have reduced the production, driving the related enterprises towards a production cut as well. The demand for ternary cathode materials thus slowed down, especially when some battery cell companies had destocking intentions. As such, the prices of ternary cathode materials hardly increased amid poor transactions. In July, orders for top-tier cathode material plants remained stable with a slight increase, and there is to be a slight rebound in demand for the downstream battery cells.
Edited by Cassie Li, lixiangying@mysteel.com