The price of lithium hexafluorophosphate fell by more than 40% within half a year, the gap between supply and demand narrowed, and profits returned rationally. Market prices are expected to fluctuate weakly in the second half of the year, and supply, demand and cost are still key variables. Since 2026, the market price of lithium hexafluorophosphate has shown a “fluctuating decline” trend. The highest point was 165,000 yuan/ton at the beginning of the year, and the lowest point was 97,500 yuan/ton at the end of April, a decrease of 40.9%. As of the beginning of July, mainstream negotiations in the market revolved around 95,000-105,000 yuan/ton. Judging from the price rhythm, the decline in the first quarter was concentrated, and the decline slowed in the middle to late quarter of the second quarter. This is basically consistent with the pace of release of new production capacity and fluctuations in the terminal procurement cycle. Overall, the price center of lithium hexafluorophosphate dropped significantly in the first half of the year compared to the second half of last year, and the market gradually transitioned from strong dominance by sellers to a stage where the game between buyers and sellers was balanced.

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