Ternary Cathode Materials Prices Fluctuate and Decline in 2024 Amid Capacity Surplus and Cost Influences

Publicado: Nov 24, 2024 18:33
[Review of Ternary Cathode Materials Prices] In 2024, the prices of ternary cathode materials continued to fluctuate due to the surplus in capacity, while also being influenced by the cost side, namely the prices of ternary cathode precursors and lithium carbonate. The prices of ternary cathode precursors were notably affected by the prices of Nickel and cobalt, while lithium carbonate exhibited price fluctuations across different quarters, impacting the overall price trend of ternary cathode materials. Overall, the prices of ternary cathode materials showed a steady decline this year, despite a slight increase in the middle of the year, which quickly reverted to a slow downward trend.

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[Review of Ternary Cathode Materials Prices] In 2024, the prices of te - Shanghai Metals Market (SMM)