[SMM Analysis] Review of Ternary Cathode Material Prices This Week

This week, the ternary cathode material market exhibited a divergent trend. Among them, the costs and prices of 5-series and 6-series ternary cathode materials were affected by the decline in lithium carbonate prices, leading to varying degrees of decrease. As one of the key raw materials for ternary cathode materials, the price fluctuations of lithium carbonate had a significant impact on the costs of related products. Meanwhile, the costs of 8-series ternary cathode materials remained stable, primarily because the prices of lithium hydroxide and sulphuric acid showed no significant changes this week, thereby keeping the cost structure of 8-series ternary cathode materials relatively stable.