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SMM spot report of ternary materials on July 7th: nickel price failed to support the rise in ternary material prices. Digital products still have a downward trend.
Jul 7,2020 13:31CST
translation
Source:SMM
SMM July 7 ternary material spot express: today 523 power market mainstream quotation in 11-116500 yuan / ton, the average price is 113250 yuan / ton, the recent power market turnover is flat, downstream inquiry is too much, nickel salt price rise, failed to drive the precursor price increase, the current price is basically unchanged. The quotation of 523 digital market is mainly 9.5-103000 yuan / ton, the cash price is basically less than 100000 / ton, the inventory accumulation of some small and medium-sized factories is high, and the recent price is lower than the main current price of the market.
The content below was translated by Tencent automatically for reference.

SMM July 7: today's 523 power market mainstream quotation in 11-116500 yuan / ton, the average price is 113250 yuan / ton, the precursor price is relatively strong, the market transaction is reduced, the price remains the same. The quotation of 523 digital market is mainly 9.5-105000 yuan / ton, the market transaction is normal, and the low price has dropped slightly. The mainstream price of 811 power market is 14.7-160000 yuan / ton, the trading volume of long order is increased, zero order is less, and the price is basically unchanged.

From the point of view of the power market, the demand for high nickel in the power market increased in July, and the purchase volume of 5 and 6 series products did not increase significantly. In addition, the raw material inventory of the battery factory was still high, and the procurement demand was lower than expected. The recent trading in the power market is flat, there are too many inquiries downstream, and the price of nickel salt has risen, which has not led to an increase in the price of the precursor, and the current price is basically unchanged.

In terms of small power and digital market, the recovery of digital market is not as expected, and the inventory accumulation of some small and medium-sized factories is relatively high. Recently, the price is lower than the mainstream price of the market. The three-yuan price of other enterprises is basically unchanged, and the cash price of digital type 523 is basically below 100000 / ton. the market competition is fierce and the price continues to be under pressure.

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