The latest price of ferrous lithium phosphate (May 24): 80,000 RMB / ton, the market outlook is bullish

Analysis points: On May 24, the price trend of ferrous lithium phosphate went up, which was 2.56% higher than that of the previous trading day. The market trading atmosphere is positive, and the demand of downstream manufacturers is acceptable. The inventory of ferrous lithium phosphate is average, the price of upstream lithium carbonate has risen, and the cost side has some support. The current trend is still strong, the downstream demand for ferrous lithium phosphate has increased, and the shipment has been smooth.

Market Outlook Forecast: In the short term, the ferrous lithium phosphate market trend is relatively strong.

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