SMM weekly review and forecast for electrolyte

The prices of electrolytes have stabilized for now. On the demand side, the demand for electrolytes from battery cell manufacturers remained stable, with limited incremental growth. On the supply side, electrolyte companies were producing based on orders, and the availability of raw materials for production was generally sufficient. In terms of costs, the price of the core raw material, LiPF6, has continued to decrease slightly, while other raw material prices have remained relatively stable. It is expected that there will be a slight downward adjustment in the prices of electrolytes next week.