Platts Introduces Daily Cathode Active Material (CAM) Calculated Price Assessments for Battery Supply Chain Industry
Platts, a part of S&P Global Commodity Insights, has recently announced the launch of a new suite of daily Cathode Active Material (CAM) calculated price assessments for China, Europe, and North America, effective March 24, 2025. These assessments will cater to the growing needs of the battery supply chain industry by expanding Platts’ existing suite of daily battery materials assessments.
Innovation in Battery Industry Pricing
Platts, an independent provider of information, data, analysis, benchmark prices, and workflow solutions for various markets, has been at the forefront of commodity pricing for decades. With the rapid expansion of the battery industry and the increasing importance of the battery supply chain, Platts has recognized the need for accurate and timely pricing information to support the industry’s growth.
Detailed Assessments for the Battery Supply Chain
The new CAM calculated price assessments will provide detailed information on the price trends and market conditions for Cathode Active Material (CAM), a critical component in the production of lithium-ion batteries. These assessments will cover the key battery producing regions of China, Europe, and North America, ensuring that market participants have access to accurate and reliable pricing information to support their decision-making processes.
Impact on the Battery Supply Chain Industry
The introduction of these new daily CAM calculated price assessments will significantly benefit the battery supply chain industry by:
- Enhancing Transparency: The assessments will provide greater transparency into the price trends and market conditions for Cathode Active Material, enabling market participants to make informed decisions based on accurate and reliable data.
- Improving Risk Management: The assessments will help market participants manage their risks by providing real-time information on price movements and market conditions.
- Supporting Trade and Finance: The assessments will support the growth of the battery supply chain industry by facilitating trade and finance transactions.
Impact on Individual Consumers and Businesses
The introduction of these new daily CAM calculated price assessments may have a indirect impact on individual consumers and businesses, particularly those in the renewable energy and electric vehicle sectors, as the assessments will support the efficient and effective production of lithium-ion batteries, which are essential components in these industries.
By providing accurate and timely pricing information, Platts aims to support the growth and development of the battery supply chain industry, ultimately contributing to the transition to a low-carbon economy.
Conclusion
Platts’ new daily Cathode Active Material (CAM) calculated price assessments mark an important milestone in the battery industry, as they will provide detailed and accurate pricing information to support the growth and development of the battery supply chain. These assessments will benefit market participants by enhancing transparency, improving risk management, and supporting trade and finance transactions. The indirect impact on individual consumers and businesses in the renewable energy and electric vehicle sectors is expected to be positive, as the assessments will contribute to the efficient and effective production of lithium-ion batteries. With its extensive expertise and commitment to providing accurate and reliable pricing information, Platts is well positioned to support the transition to a low-carbon economy.
Platts’ new daily CAM calculated price assessments are set to launch on March 24, 2025. For more information, please visit Platts’ website.