Lithium hexafluorophosphate prices decline, industry enters stage of supply-demand rebalancing.

On March 20, the domestic lithium hexafluorophosphate market continued its weak downward trend. According to the spot data from the Changjiang Nonferrous Metals Network on that day, the average price of domestic lithium hexafluorophosphate was 111,000 yuan/ton, a decrease of over 38% compared to the peak price of 180,000 yuan/ton in December 2025, in less than three months, the core raw material price of lithium battery electrolyte has dropped significantly. Lithium hexafluorophosphate is the core electrolyte material of lithium-ion batteries, and its price fluctuations directly reflect the supply and demand balance in the lithium battery industry chain, also becoming an important indicator of industry prosperity. Regarding the core reasons for this round of price correction, Lin Boqiang, director of the China Energy Policy Research Institute at Xiamen University, said in an interview with reporters, "The current price correction is essentially a transition from irrational expansion in the industry to supply-demand rebalancing. The industry's capacity growth rate in 2025 far exceeds the demand growth rate, coupled with the seasonal decline in demand after the Spring Festival, the short-term price pressure is an inevitable result."