Price trend

According to data monitored by SunSirs, as of March 28th, the average price quoted by domestic battery grade iron phosphate enterprises was 10,242.5 RMB/ton. This week, the price of iron phosphate was dominant, with the mainstream price around 10,000 RMB/ton. The overall market negotiation atmosphere was positive, and downstream demand was still acceptable. As of March 28th, there was sufficient supply.

Market outlook

SunSirs' iron phosphate analyst believed that there was temporarily some support on the upstream cost side, and downstream demand was good. It is expected that the price of iron phosphate will remain stable with a stronger trend in the short term.

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