Electrolyte Prices Slightly Decline as Battery Cell Companies Reduce Inventory

SMM Weekly Review: Electrolyte Prices Slightly Decline

This week, the price of electrolyte has seen a slight decrease. On the demand side, battery cell companies continue the trend of reducing inventory, leading to weaker purchasing power for electrolyte. On the supply side, electrolyte orders have decreased significantly this month, leading to electrolyte factories adjusting production based on sales and an overall sluggish market supply and demand. As the year-end approaches, downstream battery cell factories are starting year-end bidding. Due to the continuously declining lithium prices and sluggish market transactions, the bargaining power of battery cell factories has been further strengthened, leading to downward pressure on electrolyte prices. It is expected that the electrolyte market will maintain a weak supply and demand situation in the short term, with prices stabilizing after a slight decline.