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SMM July 16 ternary precursor spot express: precursor enterprises have a strong willingness to increase prices downstream is more cautious to inquire mainly
Jul 16,2020 15:45CST
translation
Source:SMM
SMM July 16 ternary precursor spot express: the recent cobalt salt price began to rise, nickel price has risen 2000 yuan / ton, the precursor enterprise quotation also correspondingly raised 2000rel 3000 yuan / ton, the price has an upward trend, the downstream inquiry frequency becomes higher, the actual transaction is sporadic; 523 (digital) price quotation increased by 1000 won 2000 yuan / ton, the actual transaction is less.
The content below was translated by Tencent automatically for reference.

SMM July 16: the recent transaction of the ternary precursor 523 (power type) is sporadic, and the price has an upward trend, with a transaction price of 7.1-73000 yuan / ton; the price quotation of 523 (digital type) has increased by 1000 Must2000 yuan / ton, and the actual transaction is less. The price of ternary precursor 622 (power type) is 7.8-80500 yuan / ton, and the price of precursor 811 (power type) is 9.05-95000 yuan / ton.

The price of cobalt salt began to rise, and the price of nickel has risen by 2000 yuan / ton, and the quotation of precursor enterprises has also been raised by 2000 won 3000 yuan / ton accordingly. From the point of view of the power market, the downstream demand increases slightly, the battery factory inventory is still there, and it is slow to transmit to the upstream. At present, the downstream is still waiting to see the rise of raw material prices, the inquiry frequency becomes higher, and the actual transaction is less.

The demand in the digital market continues to increase, and the demand in the small power market maintains a relative growth rate, but the competition among precursor enterprises is fierce and it is difficult for prices to rise. Last week, some companies still closed NCM523 orders at low prices, and this week's quotations basically rose.

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