SHANGHAI, May 15 (SMM) - The prices of ternary cathode precursors extended slight declines last week. Downstream purchases picked up after lithium prices rebounded, but end demand did not recover noticeably. With nickel salt and cobalt salt prices falling steadily, some precursor plants had to sell at lower prices in hopes of winning orders. As cobalt salt prices may stabilise and nickel salt prices may see limited decline, precursor prices are expected to drop only slightly.
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