Cathode prices continue to slide on the back of weak battery demand and falling raw material costs

Cathode prices continued their downward slide in the first half of February due to lower prices for cobalt, nickel, and lithium as well as weakening battery cell demand. Benchmark’s Cathode Price Index, which tracks an average of cathode prices relative to demand, fell 6% from mid-January to mid-February. The index has fallen 19% from mid-November, […]