Price trend

According to the data monitored by SunSirs, as of July 21, the price of power-type high-quality ferrous lithium phosphate was 155,000 RMB/ton.

Analysis review

The price of ferrous lithium phosphate remains unchanged and operates smoothly. The price fluctuation range is not large. The downstream purchases just on demand mainly. The purchasing atmosphere is general, and the overall market is running smoothly. At present, the supply of manufacturers is still tight, and the supply side is obviously insufficient. It is mainly based on contract customers arranging orders for delivery. The number of new orders is limited, and the overall market negotiation atmosphere is still acceptable. The current mainstream price range is 155,000-160,000 RMB/ton.

Upstream lithium carbonate: The price of lithium carbonate continues to be stable, the market supply is in an incremental state, and the downstream demand is mainly stable, and the market is still in rigid demand. It is expected that the price of lithium carbonate may not fluctuate greatly in the short term.

Chemical Index: On July 20, the chemical index was 1,031 points, down 2 points from previous day, down 26.36% from the highest point in the cycle of 1,400 points (2021-10-23), and up 72.41% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 to the present).

Market outlook

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

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