Battery Price Surge Ahead – Please Confirm Your Orders
Recently, the lithium battery materials supply chain has shown steady recovery. Key raw materials such as lithium carbonate and lithium iron phosphate continue to rebound in price, while lithium hexafluorophosphate (LiPF₆) and electrolyte additive VC have surged sharply. Industry operating rates are rising, and overall market sentiment has significantly improved.
According to data from CIIS, as of November 13, the benchmark price of battery-grade lithium carbonate reached RMB 84,700/ton, a 5.6% increase from the beginning of the month and nearly 50% higher than the mid-year low. Downstream battery manufacturers are actively stockpiling, and leading companies’ production schedules have already been booked through the first half of 2026.
The electrolyte segment has also seen substantial cost increases. Lithium hexafluorophosphate prices climbed from RMB 47,000/ton in late July to RMB 151,500/ton as of November 13. VC additive prices also soared—from RMB 48,800/ton in early October to RMB 140,000/ton. Overall, the lithium battery materials sector has entered a cycle of rising prices and strong demand, driven by both power battery and energy storage markets.
Energy storage batteries face the greatest cost pressure. After previous price wars, procurement costs are already close to the cost floor, making further price increases highly likely. Power battery prices remain relatively stable, but high-performance products still enjoy a performance premium and therefore have more pricing flexibility.
Industry differentiation is accelerating. Top-tier companies secure profits through long-term contracts, while small and medium-sized manufacturers face increased pressure. With raw material prices rising and supply tightening, many downstream companies are accelerating their stockpiling efforts to ensure supply chain stability.
Kind Reminder
We can coordinate battery procurement, production scheduling, and shipment according to your requirements. Given rising material prices and tight supply conditions, we strongly recommend customers confirm orders as early as possible to secure current pricing and ensure on-time delivery.
Please confirm your requirements promptly so we can arrange production and guarantee timely shipment.
