SMM September 18 News:
Second-Life Battery Market This Week:
This week, lithium carbonate and cathode material prices rose in tandem, driving stable growth in new battery cell prices due to cost pass-through. Supply side: Battery cell manufacturers are speculated to prioritize stabilizing prices for A-grade cells for well-known mobile phones, further reducing sales of B-grade second-life cells, tightening supply of popular second-life cells. Demand side: Overall demand in the second-life battery market remained stable, with downstream purchasing enterprises maintaining steady procurement. Supply-demand dynamics slightly pushed up prices of popular second-life cells, while conventional second-life cell prices were less affected.
Considering current market supply-demand transmission, popular second-life cell prices may see modest increases in the short term due to reduced supply, but with overall demand remaining relatively stable, the upside potential is limited without significant fluctuations. Conventional second-life cell models will continue to trade steadily.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lü Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Lei Yue 021-20707873
