Price:
|
|
|
|
|
(Unit:Yuan/t) |
|
Product |
Type |
2024/12/4 |
2024/12/3 |
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 precursor prices stabilized amid stable nickel and cobalt salt prices. At the same time, the overall transactions on the spot market were still moderate, and the cathode factories only purchased the spots on rigid demand, apart from the supply under long-term orders. Moreover, the precursor production in November is expected to have reduced as some precursor producers were worried about possible order defaults.
The prices of ternary cathode materials were little changed. The demand from end-market was sluggish as the market was in the traditional off-season, forcing the cathode factories to maintain low operating rates in this month, apart from the CATL supply chain. Although the demand in the e-bike battery market is improved slightly, the competition on the market was still intensive. It's likely that the prices of ternary cathode materials may run weakly in the future.
Edited by Cassie Li, lixiangying@mysteel.com
