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SMM April 21 Ternary material spot Express: power Market High Nickel production reduction Consumer Market reduction expected feedback to May
Apr 24,2020 14:07CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, March 21: power market, the recent head battery factory high nickel production reduction of 50%, affecting the upstream supplier Sanyuan material factory order reduction in April, is expected to maintain the state of production reduction in May. However, the power orders of other ternary materials enterprises increased slightly in April compared with March, and according to the feedback from downstream battery factories, the power demand in May was also higher than that in April.

In the digital market, the overseas epidemic had little impact on the cancellation and delay of export orders for consumer goods in April. Due to the need for a period of time transmission, recently, according to feedback from ternary materials enterprises, orders from downstream consumer battery factories began to decline in May, with an overall reduction of 20%-30%.

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