SMM Analysis: Slight Rise in LFP Prices Amid Stabilizing Lithium Carbonate and Rising Processing Fee Demands

[SMM Analysis: LFP Prices Showed a Slight Increase This Week]

This week, LFP prices experienced relatively small fluctuations, with a slight increase. Lithium carbonate showed signs of stabilizing after a decline. Long-term contracts for next year are expected to be signed mostly with no discount or very low discounts. Processing fees saw little change this week, remaining generally in line with long-term contract prices and relatively stable. However, due to the rising trend in iron phosphate raw material prices, material manufacturers have shown a strong demand for increasing processing fees in the near term and for next year, with a clear sentiment to stand firm on quotes.