[SMM Analysis] Weekly Price Trend of Energy Storage Battery Container from March 20 to March 27

This week, the prices of energy storage cells continued to remain stable, with no significant fluctuations observed in the price ranges of mainstream models. Specifically, the price range for 280Ah energy storage cells is 0.277–0.33 yuan/Wh, and that for 314Ah energy storage cells is 0.27–0.34 yuan/Wh. However, the price of 100Ah cells has shown an upward trend recently due to increased demand. Recently, the development of large-capacity cells with a capacity of over 500Ah/600Ah has accelerated, but the impact on prices is expected to be limited in the short term. On the cost side, the price of lithium carbonate is approaching the support level of 70,000 yuan/ton, with limited room for further decline. The pressure of rising prices of anode materials may be transmitted to the cell end, and the cell cost is expected to increase month-on-month in April. However, the increase in the price of energy storage cells is expected to be limited.

SMM New Energy Industry Research Department

Cong Wang 021-51666838

Xiaodan Yu 021-20707870

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yujun Liu 021-20707895

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Jie Wang 021-51595902

Yang Xu 021-51666760

Boling Chen 021-51666836