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In terms of market dynamics, there is robust demand for domestic medium-to-high nickel precursor orders in the NEV market. Some producers have high capacity utilization rates and are experiencing a tight supply of raw materials. In overseas markets, affected by the phase-out of US NEV subsidies, subsequent orders are expected to contract. In the consumer market, there is increased attention on high-nickel materials, with some producers achieving outstanding performance in high-nickel orders.
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