SMM July 30th ternary precursor spot KuaiBao: the price increase of the precursor is still lower than that of the cobalt salt power market.

Published: Jul 30, 2020 13:37
SMM July 30th Ternary precursor spot KuaiBao: today, the market price of the ternary precursor is 7.4-76500 yuan / ton, the average price is up 2500 yuan / ton; the market price of the ternary precursor 523 (single crystal) is 7.6-78500 yuan / ton, the average price is 2500 yuan / ton; the price of the ternary precursor is 8.05-84000 yuan / ton, the average price is 2300 yuan / ton; The price of the ternary precursor 811 (power type) ranges from 9.35 yuan to 98500 yuan per ton, with an average price increase of 2500 yuan per ton.

SMM July 30th: today, the market price of ternary precursor 523 (power type) is 7.4-76500 yuan / ton, the average price is 2500 yuan / ton; the market price of ternary precursor 523 (single crystal) is 7.6-78500 yuan / ton, the average price is 2500 yuan / ton; the price of ternary precursor 622 (power type) is 8.05-84000 yuan / ton, the average price is 2300 yuan / ton; The price of the ternary precursor 811 (power type) ranges from 9.35 yuan to 98500 yuan per ton, with an average price increase of 2500 yuan per ton.

Recently, the price of cobalt salt continues to rise, and the price of nickel salt rises slightly, which continues to be transmitted to ternary precursor enterprises.

On the power market, domestic demand still increased slightly from orders in August. Recently, the conventional price of 523 is basically more than 75000 yuan / ton, and the price of 523 single crystal is about 80, 000 yuan / ton, but most of the power market deals with long orders. This week, the market mostly refers to the monthly average price from June 22 to July 22, and the price increase is relatively small. While the precursor quotation rose a lot, zero single transaction is not much, the actual transaction price is still on the low side, some material factories are still wait-and-see.

In the digital and small power market, it is difficult to accept the price increase in the terminal market. Most of the conventional 523 quotations are between 7.4yuan and 76000 yuan / ton, and some transaction prices are between 7.1yuan and 72000 yuan / ton. The price increase is still much lower than that of cobalt salt.

 

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
19 hours ago
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Read More
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State
19 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
19 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Read More
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.
19 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
19 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
Read More
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.
19 hours ago