[the price of power batteries in May may fall further in June or will meet the peak of demand]. According to a report released by Jibang Consulting, the average price of square ternary batteries for vehicles, iron-lithium batteries and soft-wrapped ternary power cells (all in RMB) fell 9% in May to 0.75 yuan / Wh, 0.67 yuan / Wh and 0.79 yuan / Wh respectively. The recovery of the power market is general. In terms of energy storage batteries, the average market price of lithium iron phosphate energy storage batteries fell 12.6% in May to 0.65 yuan / Wh. The market demand for lithium iron phosphate energy storage batteries recovered well, especially the orders of the leading enterprises in the industry. In terms of consumer battery cells, the average price of lithium cobalt batteries was 7.55 yuan / Ah in May, down 11.5% per month. Due to the recovery of the consumer electronics market in May, the demand for lithium cobalt batteries is on the rise. It is expected that in June, terminal consumption will be driven by the e-commerce 618 shopping festival, and shipments of lithium cobalt batteries will rise again. At present, China's power battery industry chain continues to warm up, and lithium salt prices began to rebound strongly in May, with the highest increase of 10,000 yuan per ton per day. Behind this, there are many factors promoting the irrational rise in prices. Real demand is not growing at a high speed, but is steadily recovering. It is expected to enter the peak of market demand in June, only to pay attention to the changes in the actual demand downstream. Avoid the deterioration of market conditions caused by drastic changes in the psychology of market expectations.