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SMM April 24 Lithium Iron Phosphate spot Express: power orders without incremental Energy Storage Market Price pressure

iconApr 24, 2020 14:02
Source:SMM

SMM April 24: today's lithium iron phosphate power price 36-4, 000 yuan / ton, the average price of 38000 yuan / ton, down 1000 yuan / ton.

Recently, the price of lithium carbonate upstream has been reduced slightly, orders in the downstream power market have not been started, the price of large battery plants has been pressed seriously, and the price of lithium iron has continued to decline. At present, although the matching models of BYD blade battery have been pre-sold, their iron-lithium materials are mainly self-supplied and purchased less, which has no great impact on the market output.

Due to the power market supply chain is relatively single, small and medium-sized iron lithium plants have switched to the field of energy storage. At present, the three major domestic operators have begun bidding for the establishment of 5G base stations, coupled with the replacement rate of iron and lithium in iron towers, the demand for iron and lithium in energy storage has increased this month. However, due to the domestic energy storage requirements for the quality of iron lithium is not as good as the power, so the price of energy storage iron lithium under pressure, basically less than 35000 yuan / ton, the profit space of small and medium-sized factories is very limited.

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