The lithium hexafluorophosphate market declined weakly in April. At present, the mainstream price of lithium hexafluorophosphate is around 68000 to 69000 yuan/ton.

In terms of raw materials:

This month, the price of raw material lithium carbonate in the market tends to be weak and downward, but the cost side continues to be under pressure. With the continuous increase in lithium carbonate production and decent market trading volume, there are a small number of individual purchases. According to the monitoring system of Business Society, as of May 31st, the benchmark price of battery grade lithium carbonate in Business Society was 109400.00 yuan/ton, a decrease of -5.20% compared to the beginning of this month (115400.00 yuan/ton).

Downstream aspect:

Downstream electrolyte companies have a wait-and-see attitude, with a cold purchasing atmosphere and only maintaining a rigid demand for purchases. 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. Overall, the downstream mainly focuses on observation.

Post forecast:

According to data analysts from Business Society, the price of raw material lithium carbonate is expected to decrease, but overall, the production cost pressure on lithium hexafluorophosphate enterprises remains significant. Most enterprises mainly consume inventory. Overall, it is expected that the lithium hexafluorophosphate market will operate weakly and steadily.