【SMM Analysis: Electrolyte Stabilizes, Prices Expected to Remain Weak and Stable in the Short Term】
This week, the price of electrolyte remains stable. On the cost side, core raw materials such as lithium hexafluorophosphate, solvents, and additives have stabilized, and the overall cost of electrolyte remains stable. On the supply side, most electrolyte plants have resumed production around the ninth day of the lunar new year, while some small and medium-sized electrolyte plants have delayed production according to demand, and it is expected that production will resume after the Lantern Festival based on demand recovery. Some electrolyte plants have brought forward February orders to January based on downstream cell factory demand, resulting in a relatively sluggish market transaction performance and low-capacity operation. On the demand side, cell factories are still cautious, maintaining steady procurement of electrolyte. It is expected that electrolyte prices will remain temporarily stable in the short term.
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