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Daily: Ternary material market 2024.2.26

Source: Mysteel Feb 26, 2024 09:12
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Cathode Materials Cathode Precursor Price Trading

Price:

 

 

 

 

(Unit:Yuan/t)

Product

Type

2024/2/23

2024/2/22

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

100,000-110,000

100,000-110,000

0

622 Sing-crystal

120,000-130,000

120,000-130,000

0

811 Poly-crystal

130,000-145,000

130,000-145,000

0

 

Outlook: 

At present, precursor manufacturers have resumed work one after another. Some manufacturers slightly ramped up the production in January for orders to be delivered in February due to the impact of the Spring Festival holiday, resulting in a low market operating rate in February and no significant change in demand. Meanwhile, most market players held a wait-and-see mood.

 

Ternary cathode material plants have resumed work, but there has been no significant change in market demand, and many companies hold a wait-and-see mood. They mostly deliver according to previous orders and produce based on sales.

 

Edited by Cassie Li, lixiangying@mysteel.com

 

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