Reasons for the gradual decline in the price of ternary materials

It is reported that since July, the price of ternary materials has declined. The price of 523 ternary materials has dropped from the original 155,000 yuan/ton to 150,000 yuan/ton, and the transaction price is mostly less than 150,000 yuan/ton; the type of ternary materials also fell from the original 160,000 yuan / ton, down to 155,000 yuan / ton. The Shenzhen area even has an ultra-low price of around 135,000 yuan / ton.

The reporter learned that the ternary material is a new type of lithium-ion positive electrode material with high performance and low price developed after lithium cobalt oxide. The current mainstream ternary materials are 523, 333 and 424.

A downstream buyer in Guangdong revealed that its supplier is from Zhejiang and its products are high-end ternary materials. He said that the current purchase prices of Types 311 and 523 ternary materials are respectively 155,000 yuan / ton and 150,000 yuan / ton, down 5,000 yuan / ton from a month ago.

Another downstream buyer told reporters that because the lithium battery industry has entered the off-season, compared with April and May, the company's product sales in June decreased by about 10%.

With the arrival of the off-season of the lithium battery industry in July, coupled with the weak market for nickel, cobalt and manganese raw materials, the cathode materials industry is vying for price wars in the market share, resulting in a decline in the price of ternary materials.

A ternary material supplier in Shandong said that the unfair competition in the market, the lack of market advantage for producers without product advantages, also led to the decline in the price of ternary materials.

He pointed out that the company's shipments in May and June is still relatively optimistic, but since July, as prices have fallen, downstream purchases have been cautious and sales have been sluggish.

The page contains the contents of the machine translation.