SMM

This week, the prices of 314Ah and 280Ah energy storage battery cells slightly declined, while the prices of 100Ah and 50Ah energy storage battery cells remained stable. Entering September, the demand for the energy storage market has gradually recovered, combined with the expectations of the upcoming peak season in Q4, leading to a growth trend in the production and sales of energy storage battery cells. From the perspective of product structure, the application proportion, maturity, and capacity of 314Ah cells continue to increase in H2, resulting in a rapid decline in the price of 314Ah cells. In the short term, the 280Ah cell remains the mainstream in the market. Due to overcapacity and intensified market competition, the price of 280Ah cells continues to fall. The 100Ah and 50Ah cells are mainly used in residential energy storage and base station scenarios, with relatively stable market demand. The supply and demand pattern has not significantly changed in the short term. After battery cell prices declined with costs in the earlier period, the current prices have temporarily stabilized. Looking ahead, the prices of main battery cell materials are expected to fluctuate slightly in the short term, leaving little room for cost reduction. The price of 280Ah cells is close to the cost line, and manufacturers may keep the prices stable in the short term due to funding or new product iterations. The price of 314Ah cells, with a theoretical cost lower than that of 280Ah cells, might continue to decline as capacity and maturity further increase. The prices of 50Ah and 100Ah cells are expected to remain stable in the short term without significant changes in supply, demand, or costs.