Core Viewpoint - The article discusses the challenges faced by electrolyte manufacturers due to the rising prices of lithium hexafluorophosphate, which have exceeded 110,000 yuan per ton, creating a difficult operating environment for these companies [2][6]. Group 1: Supply and Demand Issues - There is a strong demand for electrolytes, but a shortage of lithium hexafluorophosphate, with major manufacturers struggling to meet market needs despite operating at full capacity [5]. - After the National Day holiday, the price of lithium hexafluorophosphate surged nearly 60% in just over two weeks, with market prices approaching 100,000 yuan per ton and exceeding 110,000 yuan per ton [6]. Group 2: Pricing Conflicts - The rising raw material costs are not matched by a corresponding increase in electrolyte prices, as large battery manufacturers exert significant pressure to keep prices low, despite smaller manufacturers being more accepting of price hikes [6]. Group 3: Profitability Challenges - Electrolyte manufacturers are experiencing increased losses per ton due to the widening gap between costs and selling prices, while still facing high demand and increasing orders [9]. - Some manufacturers are opting to transfer new orders to larger electrolyte companies to mitigate losses, leading to increased market concentration [9].