Stable operation of lithium iron phosphate market (10.17-10.24)

According to the data monitored by the business community, as of October 24, the price of lithium iron phosphate, an excellent power product, was 160000 yuan/ton. Compared with the same period last week, the price of lithium iron phosphate remained stable. The downstream procurement atmosphere was general, and the operating rate was normal. Lithium iron phosphate was mainly ordered by contract customers. New orders were limited. At present, the mainstream price range was 155000-160000 yuan/ton.

 

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The price of lithium iron phosphate, an excellent power product, is 160000 yuan/ton. The price of lithium iron phosphate is mainly stable, and there is no significant change. The price range is maintained at 155000-160000 yuan/ton. At present, the downstream just needs to purchase, with a stable operating rate, a general purchasing atmosphere, and a stable overall market. The manufacturer’s supply is only for regular customers, mainly for contract customers to arrange orders for shipment. The overall market negotiation atmosphere is fair.

 

Chemical commodity index: On October 23, the chemical index was 988 points, unchanged from yesterday, 29.43% lower than the cycle’s highest point of 1400 points (2021-10-23), and 65.22% higher than the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present)

 

Analysts of LiFePO4 from the business community believe that the LiFePO4 market will remain stable in the short term.

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