Price:
|
|
|
|
|
(Unit:Yuan/t) |
|
Product |
Type |
2024/12/10 |
2024/12/9 |
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 |
93,000-100,000 |
93,000-100,000 |
0 |
|
622 Sing-crystal |
105,000-113,000 |
105,000-113,000 |
0 |
|
|
811 Poly-crystal |
122,000-132,000 |
122,000-132,000 |
0 |
Outlook:
The precursor prices still kept stable, despite falling cobalt and lithium chemicals prices. The cathode factories' demand was muted with the end-market staying silent, and they rarely purchased on the spot market. Mysteel survey showed that the precursor production edged down 0.22% MoM in November due to the stable CATL supply chain, but is likely to be down further by 5.92% MoM in December thanks to the traditional seasonal low in the month.
The prices of ternary cathode materials were little changed last week. The end-market demand was fatigue in the traditional off-season, forcing the cathode factories to maintain low operating rates in November. Apart from the CATL supply chain, other producers started to reduce the production already in October. And the ternary cathode material production is likely to fall 1.45% MoM in December following a monthly drop of 3.39% in November.
Edited by Cassie Li, lixiangying@mysteel.com
