According to data monitoring by Business Society, as of May 20, 2024, the market price of lithium hexafluorophosphate has declined. At present, the mainstream price of lithium hexafluorophosphate is around 69000 to 70000 yuan/ton.
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In terms of raw materials:
According to Business Society, on May 20th, the benchmark price of lithium carbonate was 106800.00 yuan/ton, a decrease of -1.48% compared to the beginning of this month (108400.00 yuan/ton).
Downstream aspect:
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The purchasing demand atmosphere for downstream electrolyte enterprises is lukewarm, only maintaining the purchase of essential goods. Due to some enterprises having a certain amount of reserves, their demand for raw materials is not active, market transmission is not smooth, and there is no good news.
Post forecast:
According to data analysts from Business Society, due to continuous cost pressures and weak demand from downstream electrolyte companies, the lithium hexafluorophosphate market has been weak and declining recently. More information still needs to be focused on the raw material market.
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