Price trend

According to the data monitored by SunSirs, as of July 27, the price of power type premium ferrous lithium phosphate was 94,500 RMB/ton, 0.53% lower than that of the same period last week. As of July 27, the mainstream price was about 94,000 RMB/ton. Mainly supplied contract customers, and new orders were not accepted.

Analysis review

This week, ferrous lithium phosphate was mainly stable. The price at the beginning of the week was 95,000 RMB/ton. As of July 27, the mainstream price was about 94,000 RMB/ton. Downstream was replenished on demand. Upstream lithium carbonate was stable and stronger, and the cost side of ferrous lithium phosphate had certain support. In the short term, lithium iron phosphate will maintain its early trend. The manufacturer only supplied for old customers, and did not accept new customers’ orders.

Chemical Index: On July 26th, the chemical index stood at 834 points, an increase of 4 points compared to the previous day, a decrease of 40.43% from the highest point in the cycle of 1,400 points (2021-10-23), and an increase of 39.46% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

Analysts of ferrous lithium phosphate from SunSirs believe that the ferrous lithium phosphate market will be stable and stronger in the short term.

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