"SMM Analysis: Winter Lithium Battery Recycling Market Chilled, Raw Material Products Upside Down, Industry Hard to Make Profits
SMM News on December 7: Recently, the downward trend in the recycling market prices has been obvious, due to the pessimistic expectations of nickel sulfate, cobalt sulfate, and lithium carbonate prices. Wet recycling plants have reduced their expected purchase coefficient to less than 60%. Many companies have announced their intention to suspend recycling in December, and some are consuming inventory or using internal pipeline materials to produce, leading to a delay in their previous expansion plans."
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