Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/7/25 |
2024/7/24 |
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 |
105,000-115,000 |
108,000-120,000 |
-4,000 |
622 Sing-crystal |
120,000-130,000 |
122,000-135,000 |
-3,500 |
|
811 Poly-crystal |
130,000-140,000 |
130,000-145,000 |
-2,500 |
Outlook:
Last week, the ternary precursor prices remained stable due to stabilizing nickel and sulfate prices. In July, a top-tier ternary enterprise started to build stocks due to the recent low prices, leading to rising demand for precursors. The orders for ternary precursors moved up slightly in July, but most of them were on rigid demand with slow demand recovery. The ternary precursor enterprises mainly 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 kept stable thanks to the stable prices of raw materials. Some top-tier battery cell companies and ternary cathode material companies built stocks as nickel, cobalt and lithium prices were at a low level, resulting in an obvious increase in orders. But it may overdraw the demand in August. At present, the cathode active material plants mostly focused on the delivery of long-term orders, and the actual transactions of spots were muted. The market players were with strong wait-and-see sentiment.
Edited by Cassie Li, lixiangying@mysteel.com