According to the data monitored by the business community, as of October 17, the price of lithium iron phosphate, an excellent power product, was 160000 yuan/ton, and the price of lithium iron phosphate remained stable. Compared with the same period last week, the price of lithium iron phosphate remained unchanged. At present, the downstream just needs to purchase. The purchasing atmosphere is general, the supply is normal, and the operating rate is normal. Lithium iron phosphate is mainly ordered and delivered by contract customers. New orders are not accepted, and the overall market negotiation atmosphere is fair, At present, the mainstream price range is 155000-160000 yuan/ton.

The price of lithium iron phosphate, an excellent power product, is 160000 yuan/ton. The price of lithium iron phosphate is mainly stable, and the price range is maintained at 155000-160000 yuan/ton. At present, the downstream just needs to purchase. The purchasing atmosphere is general, and the overall market remains stable. The manufacturer’s supply of goods is limited to new customers. The contract customers are mainly responsible for ordering and shipping. The overall market negotiation atmosphere is fair.

Upstream lithium carbonate: As of October 13, the average price of industrial lithium carbonate in East China was 521000 yuan/ton, up 3.95% compared with the average price at the beginning of the week (October 9, the average price of industrial lithium carbonate in East China was 501200 yuan/ton). Stable operation is the main factor. The industrial level is 505000 yuan/ton. The battery level is 530000 yuan/ton. With the arrival of the fourth quarter, there is a strong bullish atmosphere.

Chemical commodity index: On October 16, the chemical index was 1005 points, unchanged from yesterday, down 28.21% from the cycle’s highest point of 1400 points (2021-10-23), and up 68.06% 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).

According to the analysts of LiFePO4 from the business community, the market of LiFePO4 will remain stable and the mainstream price will remain at 155000-160000 yuan/ton.