According to the data monitored by SunSirs, as of October 24, the price of lithium power type premium grade iron phosphate was 160,000 RMB/ton. Compared with the same period last week, the price of ferrous lithium phosphate remained stable.
Analysis review
The downstream procurement atmosphere was general, and the operating rate was normal. Ferrous lithium phosphate was mainly delivered to contract customers according to orders. New orders were limited. On the 24th, the mainstream price range was 155,000-160,000 RMB/ton.
Chemical commodity index: On October 23, the chemical index was 988 points, unchanged from the previous day, 29.43% lower than the cycle's highest point of 1,400 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)
Market outlook
Analysts of ferrous lithium phosphate from SunSirs believe that the ferrous lithium phosphate market will remain stable in the short term.
