May 13 - Recently, Shenzhen Xinxing's lithium hexafluorophosphate (LiPF₆) project has been successfully put into operation. The initial production capacity of 5,800 tons per annum was already operational, and the third-phase 7,000-ton production line has now been smoothly commissioned. To date, the project has reached a total actual annual production capacity of 12,800 tons.

Chempricehub Analysis on Lithium Hexafluorophosphate:
Bullish/Bearish Score: -1
Shenzhen Xinxing's third-phase 7,000-ton LiPF₆ production line has been successfully launched, bringing total annual capacity to 12,800 tons. This significant supply expansion will intensify market supply pressure, weighing on spot prices of lithium hexafluorophosphate, and is generally considered a bearish factor.

Fluorspar:
Bullish/Bearish Score: 0.5
Fluorspar is a key upstream raw material for LiPF₆. The release of this new LiPF₆ capacity will drive demand growth for fluorspar, providing some support to its spot price, and is seen as a mildly bullish factor.

Lithium Carbonate:
Bullish/Bearish Score: 0.5
Lithium carbonate is a core raw material for LiPF₆ production. This capacity expansion is expected to boost demand expectations for lithium carbonate. On May 12, 2026, the main contract for lithium carbonate (2609) closed at 205,260 yuan/ton, up by 3,660 yuan/ton from the previous trading day. The improved demand outlook offers some support to both futures and spot prices of lithium carbonate, representing a mildly bullish factor.