According to statistics from China Customs, China's imports of ternary cathode materials in November 2025 totaled 7,639 tonnes, an increase of 1,298 tonnes or 20.5% month-on-month, and a rising of 4,175 tonnes or 120.5% year-on-year. Among these, imports of NCM amounted to 5,872 tonnes, while that of NCA reached 1,767 tonnes.
From January to November 2025, China's cumulative imports of cathode materials reached 67,458 tonnes, representing a year-on-year increase of 3.8%.
Edited by Cassie Li, lixiangying@mysteel.com