Weak decline in the lithium hexafluorophosphate market in April

The lithium hexafluorophosphate market declined weakly in April. At present, the mainstream price of lithium hexafluorophosphate is around 71-7200 yuan/ton.

 

Gamma-PGA (gamma polyglutamic acid)

In terms of raw materials:

 

This month, the price of raw material lithium carbonate has remained stable, with only a slight decrease. According to customs data, the domestic import of lithium carbonate in March was about 19043 tons, a month on month increase of about 64%, reflecting a more significant growth rate in the domestic import supply of lithium carbonate. According to the monitoring system of Shengyishe, as of April 26th, the benchmark price of Shengyishe lithium carbonate was 108400.00 yuan/ton, an increase of 1.31% compared to the beginning of this month (107000.00 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 has slightly decreased, 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.

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