Description
The market price of Lithium Hexafluorophosphate (LiPF6) is a key indicator published by various industry sources. LiPF6 is an essential electrolyte salt used in lithium-ion batteries. The mainstream price reflects the average market price based on transactions within a specific period. It is a crucial measure for evaluating the cost trends in the battery manufacturing industry and the broader electric vehicle market. High prices may indicate increased demand or supply constraints, while low prices could suggest oversupply or reduced demand.
The mainstream price is calculated by averaging the transaction prices of Lithium Hexafluorophosphate (LiPF6) within a specified period, typically collected from major market participants and industry reports.
The data is updated on a weekly or monthly basis, depending on the reporting frequency of the industry sources.