This week, the price of ternary cathode material stabilized somewhat, mainly due to a reversal and slight decline in the prices of nickel sulphate, cobalt sulphate, and lithium carbonate. In the spot market, spot orders remained relatively few. Although raw material prices on the cost side decreased, the production cost and price of ternary cathode material did not decrease promptly because the coefficients for some previous purchase orders between cathode companies and precursor companies had increased. Therefore, this week, spot market prices remained relatively stable.