Recently, there has been a divergence in the price trends at the recycling end. In terms of transactions, the current recycling market continues the previously sustained light situation, with sluggish market transactions. For ternary waste, the prices of nickel and cobalt are relatively stable at present, while the prices of lithium salts have fluctuated significantly recently, even surging to the threshold of 78,000 yuan last week to this week, causing some grinding factories and traders to hold prices when selling ternary waste, and the lower range of market transactions has moved up. On the other hand, the trend for lithium iron phosphate waste is the opposite of ternary waste. Recently, the prices of electrode powder and battery powder have continued to decline, with some grinding and hydrometallurgical enterprises continuously selling their waste inventory in concentration. Coupled with a recent large factory waste tender, there is an expectation in the market that the circulation of lithium iron phosphate waste will increase, putting further pressure on prices. It is expected that the short-term recycling prices will gradually stabilize subsequently.
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