[SMM Analysis] Downstream Demand Recovered, Separator Prices Remained Stable This Week

SMM January 23 News:

This week, lithium battery separator material prices remained relatively stable. In terms of prices, due to the prolonged price war and the pressure from battery cell manufacturers to lower prices, separator material prices have already been suppressed to relatively low levels. As the Chinese New Year approaches, downstream battery cell manufacturers have seen a pullback in demand, and operating rates have also declined. Under this backdrop of weak supply and demand, downstream battery cell manufacturers have mostly paused price suppression to ensure procurement, resulting in relatively stable separator prices this week. Looking ahead, as separator manufacturers continue to release new capacity, the market may still face an oversupply situation. Therefore, separator manufacturers may slightly lower their quotations to compete for market share.

SMM New Energy Research Team

Cong Wang 021-51666838
Xiaodan Yu 021-20707870
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
Ye Yuan 021-51595792
Chensi Lin 021-51666836
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Xiaoxuan Ren 021-20707866
Yushuo Liang 021-20707892
Jie Wang 021-51595902
Yang Xu 021-51666760

Mengqi Xu 021-20707868