Output of ternary precursors rise 5.9% in Oct

SHANGHAI, Nov 19 (SMM) – China's output of ternary precursors increased 5.9% from September to 18,000 mt in October, SMM data showed.

Growing supplies in Guizhou, Hunan, and Zhejiang provinces accounted for the increase. Part of the increase in supply flew into overseas market. 

SMM expects the commissioning of new capacity and exports to extend gains in November.