Commodity Market Report
Global cathode and precursor short-term outlook April 2024
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Q1 2024 brought a positive start to the year as EV sales grew in all markets from Q1 2023. In line with historical trends, cathode consumption spiked in March, gaining 60% from February and 16% from March 2023. Supply continues to grow, and we expect utilisation rates to improve over the coming months as demand improves. Spurred on by an improvement in nickel prices, cathode and precursor prices gained in April. However, the short-term outlook remains mixed as additional capacity and raw material prices impact the cathode market. Trade from China has also improved, with net exports up 16%, signalling a greater appetite for Chinese material.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Cathode and precursor: Five things to look for in 2025
Our view on what to look out for in 2025
$1,050
Asset Report
East Tennessee zinc mines
A detailed analysis of the East Tennessee zinc mines.
$2,250
Asset Report
Pasar copper refinery
A detailed analysis of the Pasar copper refinery.
$2,250
