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EV Battery Prices Plummet in May, Poised for Demand Surge in June, Says TrendForce

5 June 2023

TrendForce reports that May proved to be a turning point in the lithium salt market, highlighting a notable surge in prices. The price of battery-grade lithium carbonate and lithium hydroxide in China skyrocketed from less than CNY 200,000/ton (~USD 28,000) to over CNY 300,000/ton (~USD 43,000).

Lithium Prices Rebound, China’s Battery Industry Chain Expected to Recover in May, Says TrendForce

8 May 2023

Additionally, prices of lithium hexafluorophosphate (LiPF6)—a key raw material used in electrolytes— have recently started to rise again, prices of anode materials, iron phosphate, and lithium battery copper foil have almost bottomed out, and China’s EV battery industry chain is gradually stabilizing.

Expansion of Silicon Production Leads to Price Drop, Prices in Solar Industry to Follow Suit in May, Says TrendForce

21 April 2023

The lowest quoted price has already dipped to CNY 180/kg (US$26.10), with average market transaction prices hovering around CNY 190/kg. TrendForce predicts that silicon prices will continue to fall in April and May, driven by an expansion in silicon capacity in 2Q23.

TrendForce Says Prices of Materials in Upstream of PV Industry Chain Will Shift in March, and Module Suppliers Are Optimistic About Future Demand

8 March 2023

According to TrendForce’s research, polysilicon prices began to plummet in December last year, so the major polysilicon suppliers started to limit market supply.

TrendForce Says Prices of NEV Power Batteries Fell by 3~4% MoM for February as Demand Was Returning Slowly in China’s NEV Market, and Prices Could Drop Further in March

7 March 2023

According to TrendForce’s research, the average prices of battery-grade lithium carbonate and lithium hydroxide in China registered MoM drops of 9% and 8% respectively for February.

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