In previous summers, the fertilizer market entered the traditional consumption off-season, and industrial-grade MAP prices often came under pressure due to shrinking agricultural demand. However, this year differs from previous years as industrial-grade MAP prices did not experience a significant decline during the off-season but remained relatively high compared to the same period in previous years, showing an unusual trend of "stronger-than-usual off-season."

[SMM Weekly Review of Lithium Battery Anode Market: Anode Material Prices Remained Stable This Week] SMM reported on July 17: This week, the prices of artificial graphite anode materials maintained a stable trend. Cost side, the cost of anode raw materials remained stable.

[SMM Weekly Review of Lithium Battery Graphite Market: Graphitisation Market in Stalemate, Prices May Rise Slightly in the Future] SMM reported on July 17: This week, the graphitisation market prices showed a relatively stalemate trend. Supply and demand side, with the accelerated advancement of integrated layout by anode material enterprises

[SMM Weekly Review of Lithium Battery Anode Raw Material Market: This week, the price of low-sulphur petroleum coke remained stable, with an average market price of 3,860 yuan/mt.]

This week, the price of 5-series ternary cathode material increased slightly, while the prices of 6-series and 8-series ternary cathode materials declined.

This week, the price of ternary cathode precursor decreased slightly.

[SMM Analysis: Review and Outlook of the Electrolyte Industry in H1 2025] According to SMM statistics, over the past six months, the total production of electrolyte reached 907,480 mt, up 62.5% YoY compared to 558,390 mt in H1 2024.

[SMM Analysis: Review and Outlook of the LiPF6 Industry in H1 2025] In H1 2025, the total production of LiPF6 reached 113,985 mt, up 46.8% YoY compared to 77,628 mt in H1 2024.

On the evening of July 15, Taijia Co., Ltd. (002843) announced that, based on the external environment and the company's actual situation, it would postpone the implementation of the "Cemented Carbide Band Saw Blade Production Line Construction Project" (with a planned investment of 112.1113 million yuan), the "High-Speed Steel Bimetal Band Saw Blade Production Line Construction Project" (with a planned investment of 122.805 million yuan), and the "New Energy Power Supply and ESS Production Site Project" (with a planned investment of 241.8379 million yuan). The dates for these projects to reach their predetermined usable states have all been postponed to September 20, 2026.