Price:
|
|
|
|
(Unit:Yuan/t) |
Product |
Type |
2024/4/24 |
2024/4/23 |
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:
On the demand side, some downstream players stockpiled appropriately ahead of the Labor Day holiday, but the overall increase in the end-market demand was slow. While rising raw material prices pushed up the cost, most enterprises suffered losses in the shipment.The integrated enterprises continued to sell at low prices to secure their market share, resulting in intensive market competition.
The recovery of domestic demand for ternary cathode material remained slow. Despite the release of new cars and the second quarter auto show, downstream players stocked up appropriately, resulting in severe overcapacity. 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