Electrolyte Prices Remained Stable This Week [SMM Lithium Battery Electrolyte Market Weekly Review]

Published: May 7, 2026 17:27

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[SMM Lithium Battery Electrolyte Market Weekly Review: Electrolyte Prices Remained Stable This Week] Recently, electrolyte prices held steady. Future price trends still need to focus on changes in upstream raw material prices.

SMM May 7 update:

Electrolyte market prices remained stable this week. Specifically, the average prices of electrolyte for ternary NEV, LFP, and LMO applications were 28,950 yuan/mt, 27,200 yuan/mt, and 21,500 yuan/mt, respectively. Cost side, the overall composite cost of electrolyte saw relatively small fluctuations this week. LiPF6 side, driven by lithium carbonate, lithium fluoride prices rose notably, compounded by continued increases in anhydrous hydrogen fluoride prices, pushing up LiPF6 raw material costs continuously. Meanwhile, after a period of continued destocking, enterprise inventory pressure has eased significantly, and manufacturers' willingness to raise prices has strengthened, with quotes generally raised, driving LiPF6 market prices to rise. Solvent segment, overall industry supply remained ample, and upstream raw material cost support for solvents weakened compared to the previous period, causing some solvent prices to pull back slightly. As the changes in LiPF6 and solvent raw material prices offset each other, the overall composite cost of electrolyte saw limited fluctuations, and market prices remained stable. Supply-demand pattern side, electrolyte enterprises generally maintained a production pace of produce based on sales. In April, China automakers' overseas auto sales grew significantly, and the upcoming auto show is expected to continue boosting NEV sales. Additionally, energy storage sector demand maintained steady expansion, and overall downstream demand is expected to continue recovering, thereby driving electrolyte production to rebound in tandem. Overall, the subsequent electrolyte market price trend still requires continuous tracking of raw material price fluctuations and supply and demand changes.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lv Yanlin 021-20707875

Xu Mengqi 021-20707868

Hu Xuejie 021-20707858

Chen Bolin 021-51666836

Wang Yizhou 021-51595909

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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