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China Battery Recycling Market Price Review Weekly 20261026

Source: Mysteel Oct 26, 2026 13:58
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Recycled Battery Materials Demand Price Supply
Last week in the black mass market, prices stopped falling and edged up slightly early in the week. However, following the earlier sharp decline, the current rise is slow. The market remains very quiet, though a small number of transactions were concluded, with the NCM black mass payables at around 67%-69%. Toward the end of the week, prices continued to fall again.In the LFP market, some buyers are bidding at high prices, but because the market is too low, sellers are unwilling to sell. In addition, some powder-processing plants, due to the poor NCM market this year, have gradually switched to producing LFP powder.

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