China Ternary Cathode Materials Output Declined In April

SHANGHAI, May 16 (SMM) - The domestic ternary cathode material output was 44,809 mt in April, down 3% month month-on-month and 2% year-on-year. The domestic ternary cathode material output was 177,609 mt in January-April, down 4% year-on-year.

Although the recovery of the domestic end market was slow, some battery companies made some adjustments to their inventory after an extended period of destocking. Some e-bike and digital electronics battery companies became more willing to place orders for ternary cathode materials, mainly 5 and 6 series, as their profitability has improved after lithium prices fell to a low level. However, softening overseas demand forced high-nickel battery material producers to lower their production.