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Daily: Ternary material market 2023.12.27

Source: Mysteel Dec 28, 2023 09:00
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Cathode Materials Cathode Precursor Price Trading

Price:

 

 

 

 

(Unit:Yuan/t)

Product

Type

2023/12/27

2023/12/26

Change

Ternary precursor

523 Poly-crystal

65,000-70,000

65,000-70,000

0

622 Sing-crystal

78,000-83,000

78,000-83,000

0

811 Poly-crystal

82,000-92,000

82,000-92,000

0

Ternary cathode material

523 Poly-crystal

125,000-135,000

125,000-135,000

0

622 Sing-crystal

145,000-155,000

145,000-155,000

0

811 Poly-crystal

160,000-170,000

160,000-170,000

0

 

Outlook: 

The demand for ternary precursors is unlikely to improve in the short term, and the overall market sentiment is relatively pessimistic, with some companies selling assets to maintain cash flow. The industry has entered a period of adjustment.

 

The downstream battery plants continues to reduce production and consume inventory, and some companies have entered the Spring Festival holiday in advance and continued to cut orders for ternary cathodes, resulting in a continuous decrease in demand for ternary cathode materials, which drives down lithium salt prices. At present, the prices of ternary cathode materials and lithium salts are showing a decline trend, and prices will continue to decline in the future.

 

Edited by Cassie Li, lixiangying@mysteel.com

 

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