[SMM Weekly Review of Power Battery Cell Market] Battery cell prices remain stable

View SMM cobalt and lithium product quotes, data, and market analysis

Order and view historical spot price trends of SMM cobalt and lithium products

This week, the power battery cell market maintained a stable operation. Mainstream producers kept their production schedules at a high level, benefiting from the demand boost driven by the intensive launch of new car models at auto shows, especially the significant boost from A-class and above new energy car models for high-specification battery cells. On the market side, the penetration rate of new energy vehicles in China rebounded to over 50%, and end-user destocking progressed smoothly, effectively supporting power battery cell shipments. In overseas markets, shipments gradually recovered against the backdrop of marginally warmer policies in the US and Europe and the transition of car model cycles. Overall, the power battery cell market continued to show a stable and positive trend, with the supply and demand structure tending to optimize, shipment schedules advancing steadily, and structural demand boosting industry sentiment to a continuous rebound.

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Jie Wang 021-51595902

Yang Xu 021-51666760

Lianting Yang 021-51595835

Le Yang 021-51595898