Lithium iron phosphate market price rose in June

According to the data monitored by the business community, as of June 29, the price of Lithium iron phosphate, an excellent power product, was 95000 yuan/ton. In June, the market of Lithium iron phosphate rose broadly. In June, the overall price of Lithium iron phosphate rose 3.26%, 1.06% higher than the price in the same period last week. At present, the mainstream price is about 95000 yuan/ton. The main contract customers do not accept new orders.

 

PVA

In June, Lithium iron phosphate rose slightly, the price rose, and the focus of the negotiation was high. The price at the beginning of the month was 92000 yuan/ton, and the price at the end of the month was 95000 yuan/ton, an overall increase of 3.26%. At present, the mainstream price is about 95000 yuan/ton, and the downstream replenishes as needed. The upstream Lithium carbonate price is high, and the cost side of Lithium iron phosphate is certain to support. In the short term, Lithium carbonate maintains its early trend. The manufacturer supplies only old customers, and new customers do not take orders.

 

Chemical Commodity Index: On June 28th, the chemical index stood at 801 points, a decrease of 2 points from yesterday, a decrease of 42.79% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 33.95% 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 of Lithium iron phosphate from the business agency believe that the Lithium iron phosphate market will operate stably, moderately and strongly in the short term.

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