Market Analysis of Ternary Precursor Materials: November First Week Trends and October Review

["Analysis of the First Week of November's Market for Ternary Precursor Materials and Review of October"]

This week, the prices of ternary precursor materials continued to decline due to a slight downturn in raw material prices. As of Thursday, the price of SMM ternary precursor material Series 5 (polycrystalline/consumer-grade) was between RMB 61,800 and 63,700 per ton, while the price of Series 5 (monocrystalline/power-grade) was between RMB 62,800 and 64,500 per ton. The price of SMM ternary precursor material Series 6 (polycrystalline/consumer-grade) was between RMB 64,500 and 66,800 per ton, and the price of Series 6 (monocrystalline/power-grade) was between RMB 63,900 and 66,100 per ton. The price of SMM ternary precursor material Series 8 (polycrystalline/consumer-grade) was between RMB 78,400 and 80,100 per ton, while the price of Series 8 (polycrystalline/power-grade) was between RMB 79,500 and 81,500 per ton.