Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/9/19 |
2024/9/18 |
Change |
Ternary precursor |
523 Poly-crystal |
63,000-68,000 |
63,000-68,000 |
0 |
622 Sing-crystal |
72,000-76,000 |
72,000-76,000 |
0 |
|
811 Poly-crystal |
80,000-90,000 |
80,000-90,000 |
0 |
|
Ternary cathode material |
523 Poly-crystal |
100,000-108,000 |
100,000-108,000 |
0 |
622 Sing-crystal |
112,000-122,000 |
112,000-122,000 |
0 |
|
811 Poly-crystal |
130,000-135,000 |
130,000-135,000 |
0 |
Outlook:
The prices of ternary precursor didn't change a lot. The spot transactions were still poor last week with cathode active material factories finishing building stocks by end-August. The current delivery was most with long-term orders, and only a few CAM factories purchased on rigid demand on the spot market. Although the traditional peak season in September and October has kicked off, the demand has been overdrawn following the intensive stockpiling in July. In this case, several producers have planned to reduce the production in September. It is expected that the prices of ternary precursors will drop slightly as the prices of nickel, cobalt, and lithium salts may still decline.
The prices of ternary cathode materials remained stable last week. The production scheduling of ternary cathode materials in September decreased slightly as the demand was overdrawn in July and some enterprises finished restocking at low prices. The top-tier factories maintained stable production, while some small-sized ones reduced or suspend the production. The demand in the e-bike battery market was still poor, and the price competition was fierce. The existing market transactions were still long-term orders, and the demand for spots was relatively weak. It is estimated that the prices of ternary cathode materials will continue to run weakly.
Edited by Cassie Li, lixiangying@mysteel.com