Price:
|
|
|
|
|
(Unit:Yuan/t) |
|
Product |
Type |
2024/10/30 |
2024/10/29 |
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 ternary precursor prices were stable, which market transactions were silent. Meanwhile, the overall market demand was limited and downstream consumers mostly purchased on rigid demand and transactions were mainly on long-term orders. Since Mysteel survey showed that the ternary cathode material production is likely to move down further in November, the precursor sector is likely to run weakly in the near future.
Although lithium prices dropped slight, the cost transmission was relatively slow, thus the prices of ternary cathode materials stabilized also. With the demand end staying sluggish, the ternary cathode material production is likely to have dropped in October, which is estimated to edge down further in November. On the other hand, the producers also worried about the potential defaults. Moreover, the price competition was still fierce, and market transactions may be dominated by long-term agreements. The price of ternary cathode materials is expected to continue to operate weakly.
Edited by Cassie Li, lixiangying@mysteel.com
