Price trend

According to the data monitored by SunSirs, as of January 30, the price of power-type premium ferrous lithium phosphate was 154,000 RMB/ton. The ferrous lithium phosphate market was stable and the price remained unchanged. The mainstream price range was around 155,000 RMB/ton. It was mainly for contract customers, and new orders were not accepted.

Analysis review

In January, the trend of ferrous lithium phosphate was stable, and the price fluctuation was limited. As of the 30th, the mainstream price was 155,000 RMB/ton. The downstream purchased just mainly on demand, and maintains stable operation in the short term. The manufacturer's supply was only for old customers, and new customers did not receive orders.

Chemical commodity index: The chemical index stood at 923 points on January 29, up 7 points from the previous day, down 34.07% from the highest point of 1,400 points in the cycle (2021-10-23), and up 54.35% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Market outlook

Analyst of ferrous lithium phosphate of SunSirs believes that the market of ferrous lithium phosphate will operate stably in the short term.

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