Battery Materials Market Intelligence

Market Snapshot: Week of October 10, 2025

Anodes flat while cathode chain rallies. LCO surges 25% on cobalt spike to $41,497/t. LiPF₆ climbs 13% as fluorine bottleneck intensifies. LFP and LiOH ease slightly amid stable lithium prices.

Anode Market

→

Flat at $7,526/t as overcapacity persists. Downstream demand gradually released but actual orders limited. Margin pressure continues despite stable pricing.

Cathode Market

↑↑

LCO rockets to $42,763/t (+25% WoW) on cobalt surge. NCM gains 3-4% on precursor rally. LFP eases to $4,902/t (-0.1%) on mild softness.

Electrolyte Chain

↑↑

LiPF₆ soars to $9,073/t (+13% WoW) on AHF tightness at $1,639-1,653/t. VC up 5.2% to $7,104/t. FEC rises 5.4% to $5,486/t on supply constraints.

Anode Chain: Stability Masks Weak Fundamentals

Synthetic graphite holds at $7,526/t with limited price movement despite peak season. Major producers maintain high output while smaller players slowly ramp up. Overcapacity keeps prices low as downstream orders grow modestly. GPC edges up to $582/t while needle coke drops sharply to $829/t from $1,111/t.

Anode Material Prices (Avg. USD/t)

Key Feedstock Trends (USD/t)

Cathode & Lithium: Cobalt-Driven Rally, Lithium Softens

LCO skyrockets 25% WoW to $42,763/t as cobaltosic oxide surges to $41,497/t (+72% from Sep 25). NCM materials gain 3-4% on precursor market surge. LFP dips slightly to $4,902/t amid stable iron phosphate costs. Battery-grade LCE eases to $10,339/t while LiOH falls to $10,374/t as lithium markets consolidate.

Cathode Materials Pricing (USD/t)

LCO vs Lithium Trend

Electrolyte Chain: Fluorine Crunch Drives Sharp Rally

Anhydrous HF tightness escalates to $1,639-1,653/t, driving electrolyte salt inflation. LiPF₆ surges 13% WoW to $9,073/t as producers increase output but face strong downstream demand. Fluorinated additives follow: VC climbs 5.2% to $7,104/t and FEC rises 5.4% to $5,486/t. LiF holds firm at $18,639/t for battery-grade amid balanced supply-demand.

LiPF₆ Price (Avg. USD/t)

$9,073

Up 13.2% WoW (+$1,056) on AHF crunch

FEC Price (Avg. USD/t)

$5,486

Up 5.4% WoW (+$282) on supply tightness

VC Price (Avg. USD/t)

$7,104

Up 5.2% WoW (+$353) gaining momentum

Electrolyte Components Weekly Change (%)

Need Expert Guidance on Battery Materials?

Get strategic insights on synthetic graphite production, anode materials scale-up, and market dynamics from industry experts.

Schedule a Consultation

Subscribe to Weekly Market Updates

Get the latest battery materials pricing data and market analysis delivered to your inbox every week.