The price of lithium hexafluorophosphate has adjusted, and the industry has entered a stage of supply and demand rebalancing

On March 20th, the domestic lithium hexafluorophosphate market continued its weak downward trend. According to spot data from the Changjiang Nonferrous Metals Network on the same day, the average price of domestic lithium hexafluorophosphate was reported at 111,000 yuan/ton, which is a cumulative decline of over 38% compared to the peak of 180,000 yuan/ton in December 2025, within less than three months. The price of this core raw material for lithium battery electrolytes has significantly dropped. Lithium hexafluorophosphate is the core electrolyte material for lithium-ion battery electrolytes, and its price fluctuations directly reflect the supply and demand dynamics of the upstream and downstream of the lithium battery industry chain, making it an important barometer of industry prosperity