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At its earnings briefing on October 29, Capchem provided an update on how the price hikes of lithium hexafluorophosphate have been affecting the pricing of its electrolyte products. The company noted that, starting from the third quarter of 2025, the electrolyte industry has started to recover from its historical slump. The effect of passing on the increased costs of lithium hexafluorophosphate to electrolyte prices is gradually becoming evident. Given that some customers are bound by annual or semi-annual long-term contracts, the fourth quarter serves as a transitional period for price adjustments. Nevertheless, for newly inked contracts, pricing will be based on the most recent lithium hexafluorophosphate market prices, which is expected to further streamline the cost-pass-through process.
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