Originally created by Ziya LIN, Forwarded by Florence HU
SMM News on February 4th:
This week, the price of electrolyte remained stable. On the demand side, there was some minor stock replenishment activity in downstream terminals before the holiday, while battery terminals continued to slowly reduce inventory, resulting in weak end demand. On the supply side, some hexafluoride producers slightly increased production due to the intention of pre-holiday stock replenishment, but some small and medium-sized hexafluoride producers chose to halt production due to weak demand. Some electrolyte manufacturers also have the intention of pre-holiday stock replenishment and are maintaining production based on sales plans. On the cost side, the prices of core raw materials such as lithium hexafluorophosphate, solvents, additives, etc., have temporarily stabilized, resulting in overall stable electrolyte costs. It is expected that in the short term until the holiday, due to weak supply and demand, the price of electrolyte will remain stable.
Currently, the quoted price for ternary electrolyte is 25,000-30,500 yuan/ton, iron lithium electrolyte is 18,000-25,500 yuan/ton, lithium manganese oxide electrolyte is 12,000-20,000 yuan/ton, and lithium cobalt oxide electrolyte is 31,000-61,000 yuan/ton.
More info:florencehu@smm.cn
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