Price trend

According to the data monitored by SunSirs, as of June 29, the average price of domestic power-type premium ferrous lithium phosphate was 50,000.00 RMB/ton. The market has been operating steadily recently, the price of ferrous lithium phosphate has been consolidated in a narrow range and the price has not fluctuated significantly. The downstream just purchase on demand and the negotiation atmosphere is dull.

Analysis review                                            

The ferrous lithium phosphate market is mainly operating stably, the price trend is stable, and the supply and demand are balanced; the upstream lithium carbonate market is running smoothly, the rise is slowing, and mainly supply for contracted customers, and the number of new customers is limited. As of the 29th, the mainstream price range of ferrous lithium phosphate power type was 48-52 thousand RMB/ton, the price range of energy storage type ferrous lithium phosphate was 42-46 thousand RMB/ton, and the price range of upstream battery-grade lithium carbonate was 87- 91 thousand RMB/ton, and the price range of industrial-grade lithium carbonate is 80-85 thousand RMB/ton. The upstream lithium carbonate runs steadily and the trend is relatively stable.

On June 28, the chemical index was 1,048 points, an increase of 4 points from previous day, a decrease of 3.32% from the highest point in the cycle of 1084 points (2021-05-13), and an increase of 75.25% from the lowest point of 598 points on April 8, 2020. (Note: Period refers to 2011-12-01 till now)

Market outlook

Ferrous lithium phosphate analysts of SunSirs believe that in the short term, ferrous lithium phosphate will run smoothly with limited fluctuations.

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