Output of CAMs Increased Slightly in February

SHANGHAI, Mar 16 (SMM) - On the whole, after the influence of the CNY holiday eased in February, the output of the four major varieties of CAMs picked up. Among them, the output of LMO and LCO rose sharply on the month as the manufacturers either stopped or reduced the production during the CNY holiday amid the weak demand. At the same time, the actual performance of ternary cathode material and LFP enterprises remained stable with a slight increase in output and operating rates amid the support of overseas resilient power and energy storage market.