1、 The market price of lithium fluorophosphate has slightly increased this Saturday. As of August 20th, the benchmark price of lithium hexafluorophosphate (battery grade) from Shengyi Society was 111000.00 yuan/ton, an increase of 3.26% compared to the beginning of this month (107500.00 yuan/ton).
2、 On the raw material side, lithium carbonate (battery grade) maintains a high level of fluctuation, which still provides cost support for lithium hexafluorophosphate. However, the recent narrow range of price fluctuations has limited cost support for lithium hexafluorophosphate. As of August 20th, the benchmark price of Business Society’s lithium carbonate (battery grade) was 149000.00 yuan/ton, an increase of 4.93% compared to the beginning of this month (142000.00 yuan/ton).
3、 Demand side: The downstream production of lithium hexafluorophosphate is strong, and the “Golden Nine and Silver Ten” stocking has been launched. Power battery and energy storage dual wheel drive. In August, the total production of lithium batteries in the domestic market is expected to reach 304 GWh, a month on month increase of 7.4%, of which the production of energy storage cells accounts for 41.1%. Downstream battery companies’ production schedules continue to rise, providing solid bottom support for the price of lithium hexafluorophosphate.
4、 Market forecast: The price of lithium carbonate on the raw material side is expected to remain strong. The seasonal peak season on the demand side is approaching. Overall, lithium hexafluorophosphate is currently in a volatile upward channel under a tight equilibrium pattern. It is expected that there will be sufficient short-term upward momentum but limited space. In the medium and long term, it is necessary to focus on the actual matching between the release of new production capacity and downstream demand.

1、 Price trend
As of August 19th, the reference average price of 85% industrial thermal phosphoric acid market in China is 8625 yuan/ton, which is 0.58% lower than the reference average price of 8675 yuan/ton on August 11th.
2、 Market analysis
market conditions
In mid August, the market price of phosphoric acid experienced a narrow decline. The prices of raw materials yellow phosphorus and sulfur have weakened, and cost support has weakened. Phosphoric acid has followed the downward trend of the raw material market. The operating rate of enterprises is stable, and currently the supply and demand of the phosphoric acid market are stable. Downstream purchases are made according to demand, and the market trading atmosphere is not good. Demand needs to be improved. As of August 19th, the market price of 85% industrial thermal phosphoric acid in China is around 8200-9500 yuan/ton, and the market price of 85% wet process phosphoric acid in China is around 8100-9000 yuan/ton.
In terms of cost
In mid August, the market prices of raw materials yellow phosphorus and sulfur showed a downward trend. At present, the trading of yellow phosphorus market is weak, and the focus of market transactions has shifted downwards. It is expected to experience narrow fluctuations in the short term. The sulfur market has shown weak performance, with a wait-and-see attitude and a cautious attitude towards downstream markets.
3、 Future forecast
The phosphoric acid analyst from Shengyi Society believes that the recent trend of the phosphoric acid market is mainly downward. Due to insufficient cost support and limited market demand, transactions in the phosphoric acid market are average. It is expected that the short-term phosphoric acid market price will be weak and fluctuate.

This week, the spot price of melamine in China fluctuated downward, and the market center of gravity continued to shift downwards. At the beginning of this week, the benchmark price of melamine was 6337.50 yuan/ton. As of August 18th, the price has fallen to 6212.50 yuan/ton, with a cumulative decrease of 1.97% during the week.
Weakening support on the raw material side
The simultaneous decline of upstream raw material urea further dragged down market sentiment. As of August 18th, the benchmark price of urea in Shengyi Society was 1702.50 yuan/ton, a decrease of 3.13% from 1757.50 yuan/ton at the beginning of this month. The shift in the center of gravity of raw material costs has weakened the cost support of melamine, further opening up the room for enterprise price adjustments.
Supply and demand and market mentality
On the demand side, downstream board and coating industries mainly purchase on demand, with insufficient willingness to replenish in large quantities and a relatively light market trading atmosphere. The supply side industry has maintained relatively stable production, with sufficient supply of goods in the market and a more relaxed supply-demand pattern. The bearish sentiment in the market has intensified, and the enthusiasm of holders to ship has increased, resulting in continuous price concessions.
Future prospects
Overall, the short-term weak operation of raw material urea is difficult to form strong support, and there is no obvious expectation of downstream demand recovery. Coupled with the continuation of the bearish trend in the technical market, it is expected that the short-term melamine market will maintain a volatile and weak pattern, and there is still a risk of downward shift in the price center. Focus on tracking upstream urea price fluctuations, factory operation adjustments, and downstream terminal demand follow-up in the future.

In August, the hydrogen peroxide market experienced a weak decline, with a drop of over 9%. At the beginning of the month, the average market price of hydrogen peroxide was 636 yuan/ton. On August 17th, the average market price of hydrogen peroxide was 576 yuan/ton, a decrease of 9.42%.
Reasons for the fluctuation of hydrogen peroxide market
Supply side: Overall supply is loose, and overcapacity in the industry is a long-term pressure. The continuous planning and implementation of new production capacity have led to partial equipment maintenance. Overall production has not significantly contracted, and many large factories in Shandong are operating at full capacity, resulting in a large output of goods and lowering the bottom line of prices in North China.
Demand side: Traditional downstream industries are weak: papermaking and textile bleaching are in the off-season in summer, with stable demand and no centralized replenishment of caprolactam and other major chemical downstream industries. Raw material procurement is cautious and can be taken as needed, with a slight increase in exports. Guangxi has sent a large amount of hydrogen peroxide to Vietnam, but the volume is limited, making it difficult to reverse the domestic surplus pattern. Traders have a bearish mentality and low willingness to actively stock up, with a focus on fast in and out.
In summary, in mid August, the basic supply and demand of hydrogen peroxide in China were weak, and the market continued to decline. From a technical perspective, it can be seen that the hydrogen peroxide market was at a low level in early August, with promising upward potential. In late August, the hydrogen peroxide industry is expected to stop falling and rise, with a high probability of increase. The expected price is between 500 yuan/ton and 600 yuan/ton.