According to preliminary research by Mysteel based on its new samples, China's ternary precursor production for June 2026 reached 105,200 tonnes, up 6.37% month-on-month and 62.35% year-on-year respectively.
Although downstream cathode material production in June saw a slight month-on-month decline, production scheduling for high-nickel and medium-nickel high-voltage grades remained relatively stable. In addition, precursor export orders picked up due to Q3 stockpiling by overseas battery manufacturers. Meanwhile, nickel and cobalt salt prices reached a temporary bottom in June, which encouraged small and medium-sized producers, as well as new capacities, to initiate low-priced stockpiling production and incremental tolling operations.
For July 2026, China's ternary precursor production is projected at 104,700 tonnes, down 0.48% MoM but up 62.4% YoY.
Source: Mysteel
Edited by Cassie Li, lixiangying@mysteel.com
