China's Ternary Material Imports and Exports Fluctuate: LGES Indonesian Factory in Mass Production Boosts Exports to Indonesia by 167%

【Is LGES' Indonesian factory in mass production? In April, the export of ternary cathode to Indonesia increased by 167% month on month, and the import of cathode increased by 13% month on month】

In April 2024, the import volume of ternary materials (total value of NCM+NCA) in China was 7,471 tons, with a month-on-month increase of 13% and a year-on-year decrease of 20%. Among them, the import of NCM was 6,170 tons, a month-on-month decrease of 19% and a year-on-year decrease of 17%; the import of NCA was 1,301 tons, a month-on-month decrease of 3% and a year-on-year decrease of 23%.

In April 2024, the export volume of ternary materials (total value of NCM+NCA) in China was 7,222 tons, a month-on-month decrease of 1% and a year-on-year decrease of 20%. Among them, the cumulative export of NCM was 6,922 tons, which was flat month on month and decreased by 19% year on year. The export of NCA was 300 tons, a month-on-month decrease of 6% and a year-on-year decrease of 44%.