Weekly electrolyte prices review

Electrolyte market prices remained stable this week. On the supply side, electrolyte manufacturers continue to maintain a high operating rate and determine production based on sales. From the demand side, the energy storage market continues to maintain high prosperity, and the demand for new energy vehicles is temporarily stable. The production plans of major battery cell manufacturers have remained high, which has also led to a high level of purchase demand for electrolyte. On the cost side, the price of lithium carbonate has fluctuated slightly recently, while the price of lithium hexafluorophosphate has been temporarily stable. With electrolyte costs temporarily stable but demand still high, it is expected that in the short term, the market price of electrolytes will maintain a stalemate trend without significant fluctuations.