Analysis Report

In 2018, China’s total output value of cathode materials reached 53.5 billion yuan, up 27.66% year-on-year. Total shipments were 275,000 tons, up 30 percent year-on-year. Among them: NCM materials shipped 137,000 tons, with a year-on-year growth of 58.9% and an output value of 23 billion yuan, with a year-on-year growth of 33%.  LFP material shipments were 58,000 tons, down 1.2% year on year, and the output value was 3.99 billion yuan, down 20% year on year. LCO shipped 54,000 tons of materials, up 22.4 percent year-on-year. LMO materials shipped 26,000 tons, up 14.5 percent year-on-year.  Driven by the new energy passenger car market, ternary materials have become the  main growth point of the cathode materials market, while the lithium iron phosphate market…