SMM Analysis: Ternary Market Relatively Mediocre, Ternary Battery Cell Prices Decline
SMM, November 1: This week, the prices of LFP and ternary power battery cells slightly decreased. Cost side, although the rebound in lithium carbonate prices pushed up the prices of LFP cathode active materials, the prices of ternary materials were adjusted downward due to the decline in nickel and cobalt salt prices and the overall market weakness. According to SMM calculations, as of last Friday...
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