SMM China PCAM Output in February 2023

Published: Mar 9, 2023 13:32

Source: SMM

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SHANGHAI, Mar 9 (SMM) - Domestic PCAM (precursor of cathode active materials) output stood at 66,056 mt in February, up 13% MoM and 11% YoY.

SHANGHAI, Mar 9 (SMM) - Domestic PCAM (precursor of cathode active materials) output stood at 66,056 mt in February, up 13% MoM and 11% YoY. The recovery of domestic end-user demand has not yet been fully transmitted to the precursor market. Ternary cathode material producers maintained destocking strategy. Some precursor plants resumed production after maintenance and the CNY holiday. Precursor exports picked up thanks to recovering overseas demand.

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