SMM July 24th Ternary precursor spot Express: the price of cobalt salt has increased by a large margin, and the price of the precursor has risen slowly.

Published: Jul 24, 2020 16:06
SMM July 24th ternary precursor spot express: today's ternary precursor 523 (power type) market price 7.15-74000 yuan / ton, the average price rose 500 yuan / ton; ternary precursor 523 (single crystal) market price 7.35-76000 yuan / ton, the average price rose 300 yuan / ton. Although the price of cobalt salt has increased greatly, the price of precursors has risen slowly due to no obvious increase in downstream demand.

SMM July 24th: today, the market price of the ternary precursor 523 (power type) is 7.15-74000 yuan / ton, the average price is up 500yuan / ton, the market price of the ternary precursor 523 (single crystal) is 7.35-76000 yuan / ton, the average price is 76000 yuan / ton, the average price is 7.85-81500 yuan / ton, the average price is up 500yuan / ton, the average price of the ternary precursor 523 (power type) is 7.85-81500 yuan / ton, the average price is 7.85-81500 yuan / ton, and the average price is up 500 yuan / ton. The price of ternary precursor 811 (power type) ranges from 9.1 yuan to 96000 yuan per ton, with an average price increase of 500 yuan per ton.

Recently, the price of cobalt salt has increased greatly, while the price of nickel salt has remained basically unchanged, which is now slowly transmitted to the ternary precursor.

In terms of power market, domestic demand increased slightly, overseas markets began to recover, and the export orders of some enterprises rose 20% and 30% month-on-month next month. The price quoted by the precursor company has basically increased by 2000 won 3000 yuan per ton, but the actual transaction has now increased by 1000 won 1500 yuan per ton.

In the digital market, small and medium-sized factories have recently closed zero orders one after another, and the transaction price has risen again by 500mur1000 yuan / ton, while the transaction price of the basic digital model 523 is between 7.05 yuan and 72000 yuan / ton.

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 24th Ternary precursor spot Express: the price of cobalt salt has increased by a large margin, and the price of the precursor has risen slowly. - Shanghai Metals Market (SMM)