SHANGHAI, Jun 6 (SMM) –The prices of ternary cathode precursor rose slightly last week. End-user demand has picked up slightly, especially e-bike sector. The overall operating rates of precursor plants rose. Some producers sold at close to costs in order to promote sales. Raw material prices went up last week. The prices of ternary cathode precursor may still have room to rise, buoyed by rising raw material prices.
More popular news
Key Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment