Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/8/12 |
2024/8/9 |
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 |
105,000-115,000 |
0 |
622 Sing-crystal |
120,000-130,000 |
120,000-130,000 |
0 |
|
811 Poly-crystal |
130,000-140,000 |
130,000-140,000 |
0 |
Outlook:
Last week, the ternary precursor prices still stabilized due to the stable nickel and cobalt salts prices. After experiencing a slightly recovery in July when the top-tier companies built stocks on low prices, driving the demand in July but also overdrawing that of in August. Thus the ternary producer production were flat in August. Although the market is going to be in the busy season, most ternary precursor factories rarely stockpiled, and market players mostly held a wait-and-see attitude towards September market. Meanwhile, most of them purchased on rigid demand and it is expected that the price of ternary precursors will continue to run weakly.
The prices of ternary cathode materials still remained stable. In detail, the prices of nickel and cobalt stabilized but that of lithium salts declined slightly last week, and cost transmission was relatively slow. Looking at August, the production scheduling of ternary cathode materials was basically flat compared with that in July, partly due to some top-tier companies building stocks in July overdrawing the demand in August. It is expected that the prices of ternary cathode materials will still be weak in the short period and market players still maintained a wait-and-see attitude towards demand in September.
Edited by Cassie Li, lixiangying@mysteel.com