Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/3/28 |
2024/3/27 |
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:
The downstream demand was slow in recovery, and the market players faced severe competition and sacrificed certain profits to secure their market share. Some players failing to control the cost suffered serious losses. The market landscape is under significant changes.
The recovery of domestic demand for ternary cathode material remained slow. Although downstream players stocked up appropriately, the overall operating rates of market players were below 50%, resulting in severe overcapacity. In addition, the market players suffered losses on high cost and low selling price. Meanwhile, the market faced severe competition with market players scrambling for market share via low price and the market landscape is under significant changes.
Edited by Cassie Li, lixiangying@mysteel.com