Looking back on August 2025, China's lithium-ion battery recyclers sticked to cautious procurement, cost-driven strategies amidst price volatility, and there also observed a shift toward tollinging services among SMEs.
In detail, early August saw prices rise, driven by higher cobalt and lithium salt costs. But overall trading activity remained calm with rational purchasing behavior.
By mid-August, the prices surged due to volatile lithium prices, though recyclers stayed cautious - adjusting buying prices only slightly. Sellers held back stock, expecting further gains.
Late August brought a dip - prices fell as lithium values dropped. Sellers rushed to offload, but buyers hesitated amid uncertainty. Recycling operations slowed, and many were waiting for stability.
By month-end, the market stayed quiet with low transaction volumes. Both buyers and sellers are watching and waiting as consensus said prices may soften further.
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