The price of separators has remained stable recently

This week, separator prices remained stable overall, with the following quotes for specific categories: wet-process base film: 5μm at 1.35 yuan/㎡, 7μm at 0.76 yuan/㎡, and 9μm at 0.74 yuan/㎡; dry-process base film: 12μm at 0.45 yuan/㎡, and 16μm at 0.44 yuan/㎡. On the supply side, the market continues to experience a supply surplus due to the prolonged capacity release cycle and slow digestion of existing capacity. On the demand side, there are structural differences: demand in the power battery sector is weaker than expected, while demand in the ESS sector has exceeded expectations, with the positive and negative effects offsetting each other, leading to a slight MoM increase in total industry demand. Based on the current weak balance between supply and demand, it is expected that prices will remain range-bound in the short term, with controllable 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