Electrolyte Prices To Stop Falling

SHANGHAI, Aug 23 (SMM) –

In the week ending August 17, electrolyte prices fell. Demand from battery cell companies was consistent, with ample supply. Enterprises produced to meet sales, amidst intense competition among electrolyte firms. To secure orders, they offered discounts, causing a continuous decline in electrolyte prices. However, with the recent slowdown in the price drop of LiPF6, a crucial electrolyte raw material, there's little room for further cost cuts. Hence, electrolyte prices may stabilise in the week ending August 25.