According to the data monitored by the business community, as of December 17, the price of lithium iron phosphate, an excellent power product, was 172000 yuan/ton. The lithium iron phosphate market was operating steadily, with no significant change in price and stable operating rate. The mainstream price range was about 172000 yuan/ton. The main contract customers did not receive new orders.

This week, the operation of lithium iron phosphate was stable. The price of lithium iron phosphate, an excellent power product, was 172000 yuan/ton. The downstream just needed to purchase, and the logistics was slow. In the short term, the previous trend was maintained. The manufacturer’s supply of goods was only for 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 yesterday, down 33.57% from the cycle’s highest point of 1400 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).

Analysts of LiFePO4 from the business community believe that the market of LiFePO4 is mainly stable.