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FLASH: China daily lithium-ion battery black mass price 2026.02.28

Source: Mysteel Feb 28, 2026 16:30
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Recycled Battery Materials Price

Mysteel daily survey of China's lithium-ion battery black mass market price.

 

Unit: RMB yuan/tonne, %

Specification          
2026.02.28 2026.02.27 DoD Chg 2026.02.14 WoW Chg

Market Price (yuan/tonne)

LCO black mass, 25%≤Co≤30%, Li≥3.5%

134,450.00 134,450.00 0.00 130,250.00 4200.00

LCO black mass, 50%≤Co≤55%, Li≥6.5%

263,400.00 263,400.00 0.00 255,500.00 7900.00

LFP black mass, Li<2.5%

16,335.00 15,395.00 940.00 13,045.00 3290.00

LFP black mass, Li≥3.8%

27,075.00 25,555.00 1520.00 21,755.00 5320.00

NMC black mass, Ni≥15%, Co≥8%, Li≥3.5%

69,950.00 69,950.00 0.00 65,700.00 4250.00

NMC black mass, Ni≥25%, Co≥8%, Li≥6.5%

105,600.00 105,600.00 0.00 97,000.00 8600.00

Payables (%)

LCO black mass, 50%≤Co≤55%, Li≥6.5%

         

   Payable, cobalt sulfate

87.5 87.5 0.0 87.5 0.0

   Payable, lithium carbonate

77.5 77.5 0.0 77.5 0.0

LFP black mass, 2.2%

  • <2.5% (yuan/mtu)

  • 6,950.00 6,550.00 400.00 5,550.00 1400.00

    LFP black mass, Li≥3.8% (yuan/mtu)

    7,125.00 6,725.00 400.00 5,725.00 1400.00

    NMC black mass, Ni≥25%, Co≥8%, Li≥6.5%

             

       Payable, cobalt sulfate

    79.3 79.3 0.0 79.3 0.0

       Payable, nickel sulfate

    79.3 79.3 0.0 79.3 0.0

       Payable, lithium carbonate

    79.3 79.3 0.0 77.5 1.8
    Source: Mysteel

     

     

     

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