SMM Analysis: Cascade Utilization Market Prices Stabilize Amid Weak Supply-Demand Dynamics

[SMM Analysis: A Review of This Week's Cascade Utilization Market Price Trends]

This week, the overall prices in the cascade utilization market remained stable. In terms of supply, battery cell manufacturers gradually resumed production, traders became more active, and the supply of waste battery cells for cascade utilization rebounded, though it has not yet reached peak season levels. On the demand side, cascade utilization enterprises began to gradually resume procurement of waste battery cells for cascade utilization. However, due to supply exceeding demand in the market, upstream enterprises are expected to stand firm on quotes after the holiday. Cascade utilization producers remain cautious about purchasing high-priced battery cells and generally prefer to make just-in-time procurement rather than buying at high prices. In the short term, prices are expected to remain stable, but market transaction volumes remain sluggish, with both supply and demand showing weak performance. With the anticipated growth in battery cell production and retirement volumes in the future, increased supply may lead to further declines in the prices of waste battery cells for cascade utilization.