The separator price remains stable, with limited short-term fluctuations

This week, the overall market price of separators remained stable. Specifically, the mainstream quotations for wet-process separators were as follows: 5μm at 1.35 yuan/m², 7μm at 0.76 yuan/m², and 9μm at 0.74 yuan/m². For dry-process separators, the mainstream quotations were: 12μm at 0.45 yuan/m² and 16μm at 0.44 yuan/m². On the supply side, constrained by the prolonged capacity release cycle, the accumulated stock capacity from the previous period has not been fully absorbed, resulting in a continued supply surplus in the market. On the demand side, there was a structural differentiation: demand in the power battery sector fell short of expectations, while demand in the ESS sector exceeded previous market forecasts. The combined effect of these two factors drove a slight MoM increase in overall industry demand. Based on the current supply-demand balance, it is expected that separator prices will remain stable in the short term, with limited price fluctuations.

SMM New Energy Research Team

Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Zhang Haohan 021-51666752
Wang Zihan 021-51666914
Wang Jie 021-51595902
Xu Yang 021-51666760

Wang Zhaoyu 021-51666827