【SMM Analysis】Reducing production and destocking of ferrophosphorus is the main theme at the beginning of the year. Low-price competition has already penetrated the cost.

SMM News on February 20th: The demand for lithium iron phosphate cathode in January remains sluggish. Under the atmosphere of downstream cost reduction, the price of ferrophosphorus continues to be suppressed. The bidding prices or processing fees for processing orders from leading companies in the first quarter are too low, making it difficult for the price of ferrophosphorus to be supported. The mainstream transaction price for ferrophosphorus in bulk is between 10,200 and 10,600, and the monthly settlement price for large factories is around 9,500 to 9,800.

Originally created by Yanlin LV

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