Description
The Market Price of Lithium Hexafluorophosphate (LiPF6) - Lowest Price is a key indicator reflecting the minimum market price at which LiPF6 is traded. This indicator is crucial for industries relying on lithium-ion battery production, as LiPF6 is a critical electrolyte component. It helps in assessing the cost trends and supply chain dynamics of the battery manufacturing sector. A lower price can indicate a surplus in supply or reduced demand, while a higher price may suggest a shortage or increased demand.
The lowest price is determined by collecting data from various market transactions and quotations from suppliers and manufacturers. It represents the minimum price at which LiPF6 is sold during a specific period.
This data is typically updated on a weekly basis, providing the most recent market price trends.