[SMM Analysis] Analysis of Electrolyte Price Changes from January 3 to January 9

This week, electrolyte prices remained stable. Supply side, as the year-end approaches, market demand pulled back, LiPF6 was produced based on demand, and electrolyte producers mainly purchased LiPF6 as needed, keeping prices stable. Demand side, battery cell manufacturers' demand for electrolytes remained relatively stable. Cost side, prices of LiPF6, solvents, and additives were temporarily stable. Currently, overall electrolyte prices are primarily influenced by LiPF6 prices. However, due to price suppression by battery cells on electrolytes, electrolyte prices remained stable. The price of ternary power battery electrolyte was 21,100-29,550 yuan/mt, and the price of LFP battery electrolyte was 16,800-25,550 yuan/mt. In the short term, fluctuations on the cost side are expected to cause electrolyte prices to oscillate within a certain range.

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