SMM Insight: August LFP Cathode Market Booms Amid Supply-Demand Surge, Yet Production Expansion Hinders Revenue Growth

Published: Aug 23, 2024 14:18

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[SMM Analysis: Both Supply and Demand of LFP Cathodes Flourished in August, but Increasing Production Led to Difficulty in Boosting Revenue] This week, the price of lithium iron phosphate (LFP) was slightly adjusted. Recently, the price of phosphoric acid has risen by about 200-300 yuan due to factors such as the price of phosphate rock, while the price of ammonium dihydrogen phosphate has remained stable, thus having a greater impact on the cost of sodium-based and iron-based LFP...

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