This week, electrolyte prices remained stable. Supply side, after the Chinese New Year holiday, market demand remained weak. LiPF6 was produced based on orders, and electrolyte producers picked up goods according to orders, with limited transactions and stable prices. Demand side, battery cell manufacturers' demand for electrolytes remained low, with goods picked up based on orders. Cost side, the prices of LiPF6 and solvents were temporarily stable, while additive prices slightly increased. Currently, overall electrolyte prices are mainly influenced by LiPF6 prices. However, due to price suppression by battery cell manufacturers, electrolyte prices remained stable. The price of ternary power battery electrolyte was 21,100-29,550 yuan/mt, and the price of LFP battery electrolyte was 16,800-25,550 yuan/mt. In the short term, fluctuations on the cost side are expected to cause electrolyte prices to oscillate within a certain range.
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SMM New Energy Research Team
Cong Wang 021-51666838
Xiaodan Yu 021-20707870
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
Zhicheng Zhou 021-51666711
