On March 20, the domestic lithium hexafluorophosphate market continued its weak downward trend. According to the spot data of Changjiang Nonferrous Metals Network for the same day, the average domestic price of lithium hexafluorophosphate was 111,000 yuan/ton. Compared with the high of 180,000 yuan/ton in December 2025, the cumulative decline was over 38% in less than 3 months, and the price of core raw materials for lithium battery electrolytes fell sharply. Lithium hexafluorophosphate is the core electrolyte material for lithium-ion battery electrolytes. Its price fluctuation is a direct reflection of the upstream and downstream supply and demand game in the lithium battery industry chain, and has also become an important weather vane for the industry's prosperity. Regarding the core reason for this round of price correction, Lin Boqiang, dean of the China Energy Policy Research Institute at Xiamen University, said in an interview with reporters: “The essence of the current price correction is the industry's transition from irrational expansion to rebalancing supply and demand. The growth rate of the industry's production capacity in 2025 far exceeds the growth rate of demand. Combined with the seasonal decline in demand after the Spring Festival, short-term pressure on prices is an inevitable result.”

On March 20, the domestic lithium hexafluorophosphate market continued its weak downward trend. According to the spot data of Changjiang Nonferrous Metals Network for the same day, the average domestic price of lithium hexafluorophosphate was 111,000 yuan/ton. Compared with the high of 180,000 yuan/ton in December 2025, the cumulative decline was over 38% in less than 3 months, and the price of core raw materials for lithium battery electrolytes fell sharply. Lithium hexafluorophosphate is the core electrolyte material for lithium-ion battery electrolytes. Its price fluctuation is a direct reflection of the upstream and downstream supply and demand game in the lithium battery industry chain, and has also become an important weather vane for the industry's prosperity. Regarding the core reason for this round of price correction, Lin Boqiang, dean of the China Energy Policy Research Institute at Xiamen University, said in an interview with reporters: “The essence of the current price correction is the industry's transition from irrational expansion to rebalancing supply and demand. The growth rate of the industry's production capacity in 2025 far exceeds the growth rate of demand. Combined with the seasonal decline in demand after the Spring Festival, short-term pressure on prices is an inevitable result.”