Recently, affected by the sentiment of the lithium battery market and the price fluctuations of lithium carbonate futures, the lithium battery scrap market has also been affected, and the market price has fluctuated with market sentiment over lithium carbonate.
According to SMM, some upstream battery electrode traders have significantly raised their quotations in these two days.
The cell recycling markets in some regions improved.
However, in March and April, affected by the falling price of lithium carbonate and the sluggish demand in the downstream market, some crushing and powdering enterprises were under heavy pressure, and production was suspended or reduced.
The large crushing plants worked through the inventory, and are likely to restock in April when the inventory is low.
