According to Mysteel's preliminary data, China's production of ternary precursor in November 2025 reached 86,700 tonnes, representing a month-on-month decrease of 5.15% but a year-on-year increase of 28.18%. In November, as the off-season set in, while demand from the CATL remained high, demand from other ternary precursor manufacturers declined. This, combined with a decrease in export demand from some producers, contributed to the overall reduction in production.
China's ternary precursor production is estimated to reach 83,200 tonnes in December, reflecting a decline of 4.04% MoM but an increase of 23.09% MoM. With a decrease in both domestic and export demand, the overall production is expected to decline in December.
Edited by Cassie Li, lixiangying@mysteel.com
