According to Mysteel's preliminary survey, China's ternary cathode material production in February 2026 stood at 69,000 tonnes, representing a month-on-month decrease of 19.04% and a year-on-year increase of 40.82%.
In February 2026, ternary cathode material production experienced a significant month-on-month decline, primarily due to production halts for maintenance during the CNY holiday and the impact of the traditional off-season for sales.
Looking ahead to March 2026, China's ternary cathode material production is expected to reach 82,400 tonnes, marking an increase of 19.38% MoM and a rising of 34.33% YoY. Entering March, with the release of post-holiday restocking demand from downstream battery cell manufacturers, ternary cathode material production is projected to grow slightly.
Edited by Cassie Li, lixiangying@mysteel.com
