[SMM Analysis] China's Ternary Cathode Precursor Exports Slump in December 2025, South Korea Remains Top Destination

In December 2025, China's ternary precursor exports totaled 6,487 tons, marking a significant decline of 34% month-on-month and 49% year-on-year. By product type, NCM precursor exports were 4,446 tons, down 39% month-on-month, while NC prec
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