According to data monitored by Business Society, as of September 11th, the price of high-quality power type lithium iron phosphate was 75000 yuan/ton, which is mainly stable compared to the same period last week. Currently, the mainstream price is around 75000 yuan/ton, mainly for contract customers, and new orders are not accepted.
This week, the stable operation of lithium iron phosphate is the main focus. Last week, the price for the same period was 75000 yuan/ton. Currently, the mainstream price is around 75000 yuan/ton, and the overall market is weak and downward. Downstream replenishment is on demand, while upstream lithium carbonate is stable and weak. The cost support for lithium iron phosphate is weak. In the short term, lithium carbonate will maintain its previous trend, and manufacturers will only supply old customers with goods, while new customers will not take orders.
Chemical Commodity Index: On September 10th, the chemical index stood at 942 points, unchanged from yesterday, a decrease of 32.71% from the cycle’s highest point of 1400 points (2021-10-23), and an increase of 57.53% 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)
Analysts from Business Society believe that the lithium iron phosphate market will operate steadily and weakly in the short term.
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