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Korean re-stocking in battery materials?

Posted on - 10 Dec 2020

Category - Data update

October was a strong month for Korean battery materials imports, with a sequential increase in lithium chemicals (hydroxide and carbonate), spherical graphite and NMC precursor imports. This either signifies a rise in battery demand in Korea in recent months or a re-stocking event ahead of an anticipated rise in demand. Whichever it is, we would interpret it as positive for the sector... The Korean lithium trade balance hit its second-highest ever level, and we've seen a substantial increase in lithium carbonate imports in the past two months (September and October). Coupled with the ongoing increase in battery production, particularly by...

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Topics

Flake Graphite Lithium Carbonate Lithium Hydroxide NMC Spherical Graphite Spodumene Concentrate