Price trend
According to the data monitored by SunSirs, as of December 9, the price of power type and premium ferrous lithium phosphate was 172,000 RMB/ton, unchanged compared with the same period last week, and the overall market operating rate was stable. On the 9th, the mainstream price range was about 172,000 RMB/ton, which was mainly for contract customers, and new orders were not accepted.
Analysis review
The price of power type premium ferrous lithium phosphate was 172,000 RMB/ton. The price of ferrous lithium phosphate was stable, and the mainstream price range was maintained at 172,000 RMB/ton. As of December 9, the downstream purchased just mainly in needed, and the operating rate was stable. The overall market of ferrous lithium phosphate remained stable and relatively strong. The manufacturer only supplied old customers, but the number of new customers was limited. As of December 8, the average domestic mixed price of industrial lithium carbonate was 559,000 RMB/ton, a decrease of 2.1% compared with the average price of 571,000 RMB/ton on December 4. On December 8, the average domestic mixed price of battery grade lithium carbonate was 578,000 RMB/ton, down 1.53% compared with the average price of 587,000 RMB/ton on December 4.
Chemical industry index: On December 8, the chemical industry index was 926 points, down 3 points from the previous day, down 33.86% from the cycle's highest point of 1,400 points (2021-10-23), and up 54.85% from the lowest point of 598 points on April 8, 2020 (Note: the cycle refers to 2011-12-01 to now).
Market outlook
Analysts of Ferrous lithium phosphate from SunSirs believe that the market of Ferrous lithium phosphate is mainly stable.
