Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/3/20 |
2024/3/19 |
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 |
100,000-120,000 |
100,000-120,000 |
0 |
622 Sing-crystal |
120,000-135,000 |
120,000-135,000 |
0 |
|
811 Poly-crystal |
130,000-150,000 |
130,000-150,000 |
0 |
Outlook:
With the top-tier precursor producers maintaining the prices low, the low-end market prices were little changed. Some enterprises chose to ship at a loss to ensure market share, making it difficult for the market prices to rally. Meanwhile, a few companies with raw material advantages have some profits in the market, resulting in severe market competition.
The recovery of domestic demand for ternary cathode material remained slow. Although the carmakers stocked up appropriately, the overall demand did not rise compared with in 2023, and the market players mostly held a pessimistic attitude towards the future consumption. In the case of price competition among raw material suppliers, the market landscape in under significant changes amid intensifying competition.
Edited by Cassie Li, lixiangying@mysteel.com