Market price decline of lithium hexafluorophosphate (5.20-5.24)

According to data monitoring by Business Society, as of May 24, 2024, the market price of lithium hexafluorophosphate has declined. At present, the mainstream price of lithium hexafluorophosphate is around 68000 to 69000 yuan/ton.

 

In terms of raw materials:

 

According to Business Society, on May 24th, the benchmark price of lithium carbonate was 105400.00 yuan/ton, a decrease of -2.77% compared to the beginning of this month (108400.00 yuan/ton).

 

Downstream aspect:

 

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, although the raw material lithium carbonate has declined, the cost side is still under pressure. Downstream electrolyte enterprises have weak demand, and overall market demand support is 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.

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