Lithium hexafluorophosphate price breaks through 100,000 RMB per ton, industry enterprises embrace market opportunities.
After a deep price adjustment, lithium hexafluorophosphate has emerged from a low point and experienced a rapid rise in October this year. Data shows that on October 31st, lithium hexafluorophosphate was priced at 10.75 yuan/ton, an increase of 76.23% compared to 6.10 yuan/ton on September 30th. Yuan Shuai, the deputy secretary-general of the Zhongguancun Internet of Things Industry Alliance, told reporters: "Lithium hexafluorophosphate is an important component of lithium-ion battery electrolytes. Its price increase is closely related to the rise in market demand and reduction of inventory. Lithium hexafluorophosphate production enterprises will directly benefit from the price increase."
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