[SMM Analysis] Analysis of Electrolyte Price Changes from February 21 to February 27

Published: Feb 27, 2025 17:07
[SMM Analysis: Electrolyte Price Changes from February 21 to February 27] The price of electrolyte remained stable from February 21 to February 27.

This week, electrolyte prices remained stable. Supply side, with the end of the Chinese New Year holiday, market transactions became active. LiPF6 was produced based on orders, and electrolyte producers picked up goods according to orders, keeping prices stable. Demand side, battery cell manufacturers showed signs of recovering demand for electrolytes, with goods picked up based on orders. Cost side, prices of LiPF6, additives, and solvents remained temporarily stable. 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

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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

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[SMM Analysis] Analysis of Electrolyte Price Changes from February 21 to February 27 - Shanghai Metals Market (SMM)