SMM July 22nd Ternary precursor spot Express: sporadic precursor prices rose slightly in the power market

Published: Jul 22, 2020 15:05
SMM July 22nd: today, the market price of the ternary precursor 523 (power type) is 7.15-73000 yuan / ton, the average price is up 300 yuan / ton; the market price of the ternary precursor 523 (single crystal) is 7.35-75500 yuan / ton, the average price is up 300 yuan / ton. Sporadic transactions in the power market, a large number of orders have to wait until next week, prices rose slightly.

SMM July 22nd: today, the market price of the ternary precursor 523 (power type) is 7.15-73000 yuan / ton, the average price is up 300 yuan / ton; the market price of the ternary precursor 523 (single crystal) is 7.35-75500 yuan / ton, the average price is up 300 yuan / ton; the price of the ternary precursor 622 (power type) is 7.85-80500 yuan / ton, the average price is up 300 yuan / ton; The price of the ternary precursor 811 (power type) ranges from 9.1 yuan to 95000 yuan per ton, with an average price increase of 300 yuan per ton.

The price of cobalt salt on the market basically increased by 3000 yuan / ton, while the price of nickel salt remained basically unchanged, gradually transmitted to the ternary precursor. In terms of the power market, there is no obvious change in the downstream order volume, and the order for next month will basically be signed at the end of this month or early August. This week, the market is still sporadic. The price quoted by the precursor company has basically risen by 2000,000 yuan / ton, but the actual transaction has only increased slightly.

In the digital market, small and medium-sized factories have made zero transactions one after another recently, with the transaction price rising by 500mur1000 yuan / ton, and Sanyuan material enterprises can only accept a slight increase in price.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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SMM July 22nd Ternary precursor spot Express: sporadic precursor prices rose slightly in the power market - Shanghai Metals Market (SMM)