According to the data monitored by SunSirs, as of November 7, the price of power type premium grade ferrous lithium phosphate was 165,000 RMB/ton, which was stable compared with the price of ferrous lithium phosphate in the same period last week. The operating rate was stable, the procurement atmosphere was general, and the mainstream price range was 160,000-165,000 RMB/ton.
Analysis review
The price of power type premium grade ferrous lithium phosphate was 165,000 RMB/ton. The price of ferrous lithium phosphate was mainly stable, and the price range was maintained at 160,000-165,000 RMB/ton. The downstream purchases mainly just on demand, the operating rate was stable, the purchasing atmosphere was general, the overall market remained stable and strong, the manufacturer supplied only to old customers, mainly arranged delivery for contract customers orders, and the overall market negotiation atmosphere was fair.
Chemical commodity index: On November 6, the chemical index was 950 points, unchanged from the previous day, 32.14% lower than the cycle's highest point of 1400 points (2021-10-23), and 58.86% 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 maintain a stable and strong operation.
