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SunSirs: The Price of Power-type Lithium Iron Phosphate Maintains Stable Operation
October 16 2020 13:39:46SunSirs(John)

Price trend

According to the data monitored by SunSirs, as of October 15th, the average price of domestic power-type lithium iron phosphate was 37,000.00 RMB/ton. The market supply and demand were balanced, and the price of power-type lithium iron phosphate was stable. The market is mainly stable.

Analysis review   

The market price of power lithium iron phosphate ranges from 33,000 to 37,000 RMB/ton, and the average price is 35,000 RMB/ton. The price is stable, the demand is average, and the overall market procurement atmosphere is flat. The current energy storage lithium iron phosphate price ranges from 28,000 to 29,000 RMB/ton, the average price is around 28,750 RMB/ton. At present, the quotations of power-type lithium iron phosphate companies are 37,000 RMB/ton for Guangdong Guanghua Technology Co., Ltd., 37,000 RMB/ton for Foshan Defang Nano Technology Co., Ltd., and 37,000 RMB/ton for Beiterui New Energy Materials Co., Ltd. Enterprise quotations are mostly stable.

The upstream lithium carbonate is operating smoothly as a whole. At present, the mainstream price of industrial-grade lithium carbonate ranges from 33,500-37,000 RMB/ton, and the price has slightly increased. The mainstream price of battery-grade lithium carbonate ranges from 39,500-40,500 RMB/ton, and the price remains stable.

The chemical index on October 15 was 757 points, an increase of 3 points from previous day, a decrease of 25.49% from the highest point in the cycle of 1016 points (2012-03-13), and an increase of 26.59% from the lowest point of 598 points on April 8, 2020. (Note: Period refers to 2011-12-01 till now)

Market outlook

Lithium iron phosphate analysts believe that: the price of lithium iron phosphate market remains stable in the short term, and just needs to be purchased.

If you have any questions, please feel free to contact SunSirs with suooort@sunsirs.com.

 

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