Price trend

According to data monitoring by SunSirs, as of May 24, 2024, the market price of lithium hexafluorophosphate had declined. As of May 24th, the mainstream price of lithium hexafluorophosphate was around 68,000 to 69,000 RMB/ton.

Analysis review

In terms of raw materials:

According to SunSirs, on May 24th, the benchmark price of lithium carbonate was 105,400.00 RMB/ton, a decrease of 2.77% compared to the beginning of this month (108,400.00 RMB/ton).

Downstream:

The purchasing demand atmosphere for downstream electrolyte enterprises was lukewarm, only maintaining the purchase of essential goods. Due to some enterprises having a certain amount of reserves, their demand for raw materials was not active, market transmission was not smooth, and there was no good news.

Market outlook

According to data analysts from SunSirs, although the raw material lithium carbonate had declined, the cost side was still under pressure. Downstream electrolyte enterprises had weak demand, and overall market demand support was insufficient. It is expected that the lithium hexafluorophosphate market will be weak in the near future, and more information still needs to be paid attention to the raw material market.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.