Lithium Carbonate Prices Stabilised at 468,000 yuan/mt, Refined Cobalt Prices Plummeted 7,500 yuan/mt within A Week

This week, the second-life battery market operated steadily overall, with limited fluctuations in quotations across categories and a generally subdued trading atmosphere. Cost side, raw materials weakened overall, with divergent trends across categories. This week, lithium carbonate prices saw a notable decline, cobalt sulphate broke its previous stable trend and began to pull back, while nickel sulphate prices remained basically stable, edging down only slightly. Cost support from raw materials continued to weaken, but due to the lag in industry chain transmission, this week's raw material fluctuations have not yet been significantly passed through to second-life finished products. Supply side, the pace of shipments continued to recover, with circulation order gradually returning to normal. Market shipments extended the previous recovery trend, and as industry compliance gradually improved, the circulation pace of second-life supply steadily returned to normal. Battery cell supply across categories recovered to normal levels, with no extreme situations such as concentrated releases or supply tightening. Demand side, category divergence persisted. LFP battery cell demand remained stable and continued to serve as the core support of the market; ternary battery cell demand remained mediocre, with weak downstream purchase willingness and lacklustre follow-through in transactions. Meanwhile, the trend of dismantled supply flowing to the recycling segment continued, exerting some pressure on second-life market prices. Prices of dismantled products still have downside room, but supported by rigid demand, the overall stable pattern of the short-term market has not yet been broken. Overall, the current market faces both supporting and pressuring factors. Weakening costs and demand divergence are creating price pressure, while rigid demand is underpinning the market bottom. The second-life battery market is expected to maintain a stable operating trend in the short term.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Artificial Graphite Prices Held Steady with Expectations of Increase This Week, Natural Graphite Remained Weak] September 10 news, this week, artificial graphite anode prices remained stable.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Graphitisation Tolling Prices Hold Steady, Supply-Demand Tight Balance to Sustain Consolidation on a Strong Note] September 10 news: This week, graphitisation tolling prices remained stable.