SMM August 20: According to China Customs data, in July 2024, China's cumulative export volume of LiPF6 was 976.964 mt, down about 40% MoM. Among them, China's cumulative import volume of LiPF6 was 1.2 mt.
In terms of exports, in July 2024, China's export volume of LiPF6 was 976.964 mt, down about 40% MoM and about 51.7% YoY. Overall, the demand for foreign lithium battery products has declined, leading to a reduction in raw material procurement. The YoY decline also reflects a certain weakness in overall demand, with a slight slowdown in the growth rate of lithium battery demand.
