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Daily: Ternary material market 2025.1.23

Source: Mysteel Jan 23, 2025 08:59
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Cathode Materials Cathode Precursor Demand Price Supply

Price:

 

 

 

 

(Unit:Yuan/t)

Product

Type

2025/1/22

2024/1/21

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 were stable. As the downstream cathode factories have basically finished the pre-holiday stockpiling, and the market transactions and shipments both moved down. Meanwhile, the market delivery was still dominated by the long-term orders, leaving the spot market silent. It is likely that the prices of ternary precursors will run steadily in the near term.

 

The prices of ternary cathode material were flat. Mysteel's recent survey showed that the cathode factories maintained normal production before the Chinese New Year holiday, which is likely to gradually slow down with the holiday getting closer. Like the precursor market, the ternary cathode material delivery is mostly with the long-term orders.  

 

Edited by Cassie Li, lixiangying@mysteel.com

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