SHANGHAI, Jun 26 (SMM) –Last week, ternary cathode precursor prices remained unchanged. Despite a rise in cobalt and nickel prices, high-cost deals were hard to close. On the supply side, leading precursor firms were set to expand their capacity in June, and those with ample raw material supply could offer a more competitive price. Downstream battery producers, accepting only lower prices, exerted pressure on precursor prices. A steady trend is anticipated for ternary cathode precursor prices in the future.
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