According to the data monitored by SunSirs, as of December 17, the price of power type and superior ferrous lithium phosphate was 172,000 RMB/ton. The ferrous lithium phosphate market was stable, with no significant change in price and stable operation rate. The mainstream price range was about 172,000 RMB/ton. It was mainly supplied to contract customers, and new orders were not received.
Analysis review
This week, ferrous lithium phosphate operated stably. The price of power type and superior ferrous lithium phosphate was 172,000 RMB/ton. The downstream just needed to purchase mainly, the logistics was slow, and the early trend would be maintained in the short term. The manufacturer supplied only old customers, but the number of new customers was limited.
Chemical commodity index: On December 16, the chemical index was 930 points, up 1 point from the previous day, down 33.57% from the cycle's highest point of 1,400 points (2021-10-23), and up 55.52% from 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 market of Ferrous lithium phosphate is mainly stable.
