BusinessAI imageRaw Material Costs Drop as Demand Slows, Prices Shift Downward
This week, the raw material industry chain remained weak with limited demand improvement. Electrolysis product prices briefly rebounded due to phased purchasing but sustainability is uncertain. Intermediate product markets faced stalemates with intensified low-price transactions. Salt product costs weakened amid competition and cautious downstream buying. Cobalt products stayed stable but weak demand and slow inventory digestion limited gains. Ternary cathode materials declined due to falling nickel and lithium prices and reduced orders, with LCO underperforming in its peak season.
Shanghai Metals Market·


