SunSirs: Ferrous Lithium Phosphate Market Was Running Stably (November 15-22)
November 23 2022 14:17:15 SunSirs (John)
Price trend
According to the data monitored by SunSirs, as of November 22, the price of power type premium grade ferrous lithium phosphate, was 170,000 RMB/toon, unchanged compared with the same period last week. The operating rate was stable. The downstream procurement atmosphere was general, and the mainstream price range was about 170,000 RMB/toon.
Analysis review
The power type premium grade ferrous lithium phosphate, was 170,000 RMB/toon. The price of ferrous lithium phosphate was mainly stable, and the mainstream price range was maintained at 170,000 RMB/toon. The downstream purchased just on demand mainly, and the operating rate was stable. The overall market of ferrous lithium phosphate remained stable and relatively strong. The manufacturer supplied only for old customers, and the number of new customers was limited. As of November 15, the upstream lithium carbonate price was mainly stable.
Chemical index: On November 21, the chemical index was 942 points, up 1 point from the previous day, down 32.71% from the cycle's highest point of 1,400 points (2021-10-23), and up 57.53% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).
Market outlook
Analysts of Ferrous lithium phosphate from SunSirs believe that the market of Ferrous lithium phosphate is mainly stable.
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