储能电芯方面，8月大储市场需求逐渐改善，带动314Ah订单的持续增长，储能电芯产品向大容量方向迭代的趋势不变，电芯价格延续下跌趋势，8月磷酸铁锂储能电芯均价降至约RMB 0.35元/Wh，较7月下跌6%。According to the latest research results from TrendForce, the market for Battery Metals such as nickel, cobalt, and lithium remains weak in August, with related raw material prices continuing to decline.
According to the latest research results from TrendForce, the market for Battery Metals such as nickel, cobalt, and lithium remains weak in August, with related raw material prices continuing to decline. Among them, the decline in lithium spodumene concentrate has further expanded, dropping 16% compared to July, with some lithium concentrate prices already below 800 USD per ton. After the Battery-grade lithium carbonate fell below 0.09 million RMB/ton in July, it further declined to 0.08 million RMB/ton in August, setting a new low. In addition, the continuous decline in the prices of cobalt salts and nickel salts has triggered a chain reaction in the prices of Cathode Material and Electrolyte.
TrendForce pointed out that due to the decrease in the cost of lithium-ion Battery materials, Cell prices continue to decline. In August, the price of power Cells fell by 4% compared to July, with the average price of square lithium iron phosphate power Cells dropping below RMB 0.4 yuan/Wh, and the average prices of square ternary and soft-pack ternary power Cells being RMB 0.46 yuan/Wh and 0.48 yuan/Wh respectively.
In the energy storage Cell sector, the demand in the large storage market gradually improved in August, driving the continuous growth of 314Ah Orders. The trend of energy storage Cell products iterating towards larger capacities remains unchanged, and Cell prices continue to decline, with the average price of lithium iron phosphate energy storage Cells dropping to about RMB 0.35 yuan/Wh in August, a decrease of 6% compared to July.
TrendForce stated that after hitting bottom in late August, the price of lithium carbonate has started to stabilize. Although there is still excess pressure on the supply side of lithium carbonate in China, the upstream production reduction measures are gradually showing results. After a period of destocking in the Industry Chain, coupled with the arrival of the traditional peak season (September-October), the stocking enthusiasm of mid- and downstream enterprises has increased, and it is expected that lithium salt prices will experience a slight rebound in the short term.
Due to the current warming of downstream demand, Cathode Material manufacturers and Cell manufacturers have adjusted their production plans upward, but China’s new energy vehicle sector still faces trade pressures in overseas markets. TrendForce believes that although external uncertainties still exist, Battery manufacturers may提前备货 as lithium prices approach their lows, and it is estimated that the market may see a seasonal demand rebound in September.
