Electrolyte prices hit near multi-year lows as demand downturn persists

SMM Analysis: Electrolyte prices hit near multi-year lows, how to survive the low demand downturn

As the year comes to an end, negotiations between battery manufacturers and electrolyte producers remain at a standstill. With soft demand for end-use applications and energy storage, and battery manufacturers still working through inventory, the focus for producers is not only on the specific volume and price of long-term contracts, but also on the implementation of these contracts.