May 7, 2026 – Market sources indicate that orders from leading energy storage lithium battery enterprises have already been scheduled for production through the end of 2026 to Q2 2027.
Chempricehub Analysis – Polypropylene (PP)
Bull/Bear Score: 1
With energy storage lithium battery order schedules extended to Q2 2027, demand for polypropylene in battery casings and other components has significantly increased. On May 6, 2026, the DCE main PP contract for September 2026 closed up RMB 102/ton, with open interest rising by 36,912 lots, reflecting increased capital attention. Both spot and futures prices remain supported by strong demand, trending higher.
Silver
Bull/Bear Score: 1.5
Demand for silver conductive paste, driven by the substantial growth in energy storage lithium battery orders, has surged, providing strong support from the industrial demand side. On May 6, 2026, the SHFE main silver contract for August 2026 closed up RMB 825/kg, with open interest increasing by 5,412 lots. The trend remains strong, creating a clear positive for prices.
Hot-Rolled Coil (HRC)
Bull/Bear Score: 1
Energy storage lithium battery supporting equipment, such as cabinets, requires significant amounts of steel. As a major steel product, hot-rolled coil has seen demand boosted. On May 6, 2026, the SHFE main HRC contract for October 2026 closed up RMB 60/ton, with open interest rising by 160,261 lots, supporting futures prices upward.
Propylene
Bull/Bear Score: 0.5
As demand for polypropylene—used as raw material for lithium battery casings—increases, the demand for its upstream feedstock, propylene, has also been moderately stimulated. On May 6, 2026, the ZCE main propylene contract for July 2026 closed up RMB 135/ton, showing a relatively strong trend, providing a slight positive support to prices.
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