The economic climate is continuing to improve, and prices in the lithium battery industry chain are gradually rising across multiple sectors.

Benefiting from the demand for lithium batteries from energy storage and other industries, the overall prosperity of the lithium battery industry chain has continued to rise since December, with prices rising in various links. Electrolyte is seen as the "blood" of lithium batteries, directly determining the energy density, charge and discharge efficiency, and safety of the battery. In this link, after lithium hexafluorophosphate, VC additives and FEC are showing an upward trend in prices due to the continuous expansion of supply-demand gaps. In addition to the electrolyte link, prices of raw materials in other links such as positive electrode materials, diaphragms, and negative electrode materials in the lithium battery industry chain have also seen price increases. Since December, many lithium iron phosphate companies have planned to raise prices.