SunSirs: Ferrous Lithium Phosphate Market Trend Is Strong

　　Price trend

　　According to the data monitored by SunSirs, as of December 23, the average price of domestic power-type premium ferrous lithium phosphate was 97,000.00 RMB/ton, and the price of ferrous lithium phosphate market rose slightly compared with the same period last week. On the whole, the focus of market negotiations is high, inventory is low, downstream mainly purchases when just-needed, and the transaction atmosphere is acceptable.

　　Analysis review

　　The price trend of ferrous lithium phosphate is on the strong side. Manufacturers are actively shipping, the current supply is tight, the focus of negotiations is high, the overall market negotiation atmosphere is acceptable, the upstream market is running at a high level, the price is rising, the ferrous lithium phosphate market has certain support, and the overall market is running strongly.

　　Upstream lithium carbonate: The price of lithium carbonate continued to rise at the beginning of the week, and the price increase was also increasing. As the new capacity of the domestic ferrous lithium phosphate industry continued to climb, this made the supply of lithium carbonate, which was already tightly supplied, even more tight. At present, it is difficult to purchase in the market, the market demand is not decreasing, and the price of order transactions continues to rise.

　　Market outlook

　　Ferrous lithium phosphate analysts believe that: Ferrous lithium phosphate is expected to have a strong trend in the short term.