[SMM Analysis] A Review of This Week's Waste Battery for Cascade Utilization Price Trends, 2025.02.10-2025.02.13

SMM February 13 News:

This week, prices in the cascade utilization market remained stable. Supply side, although some cascade utilization enterprises have gradually resumed work and production, many recycling companies and traders may only resume operations around the Lantern Festival. Coupled with a general decline in battery cell production compared to pre-holiday levels, the supply of waste battery cells for cascade utilization has decreased. Demand side, many enterprises are still using pre-holiday inventories for production and remain cautious about high-priced purchases. Reluctant to buy at high prices, there is limited demand in a market with post-holiday sentiment to stand firm on quotes, leading to sluggish trading volume and few actual transactions recently. In the short term, prices of waste battery cells for cascade utilization are expected to remain stable. However, with the anticipated increase in battery cell production and retirement volumes, the rising supply may lead to a continued slight decline in prices.

SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Ying Xu 021-51666707

Yanlin Lü 021-20707875

Yujun Liu 021-20707895

Xiaodan Yu 021-20707870

Zhicheng Zhou 021-51666711

He Zhang 021-20707850