SMM July 3 Lithium Iron Phosphate spot Express: July Power and Energy Storage Market orders increased but Lithium Iron prices continued to be under pressure

Published: Jul 3, 2020 14:58

Save

SMM July 3 Lithium Iron Phosphate spot Express: today's market price of Lithium Iron Phosphate is 3.45-37000 yuan / ton, with an average price of 35750 yuan / ton. this week, the price of lithium carbonate is basically stable, and the demand for lithium iron in the head power battery factory has increased, but the market demand is still lower than that of supply. The price of energy storage is 2.8-33500 yuan / ton, and the average price is 30750 yuan / ton. the competition in the energy storage market is fierce, and the price remains low.

SMM July 3: today's lithium iron phosphate power market price 3.45-37000 yuan / ton, the average price 35750 yuan / ton, July power market orders increased, but market demand is still less than supply, low price drop. The price of energy storage is 2.8-33500 yuan / ton, the average price is 30750 yuan / ton, and the price remains low.

In the power market, the price of lithium carbonate is basically stable this week, the demand for lithium iron in the head battery factory has increased, and the purchase volume in July is higher than that in June, but the battery factory has strong bargaining power, and the price of lithium iron continues to be under pressure.

In the energy storage market, the bidding for 5G base stations has been completed, and battery factories have purchased iron lithium materials one after another. the energy storage market has low requirements for the quality of iron lithium, and the market competition is fierce. The price of some manufacturers using iron phosphate has dropped to less than 30,000 yuan / ton.

Quotation price forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

[SMM Analysis] ITC Rejects Tariffs on Chinese Graphite Anodes, Final Duties Not Imposed

[SMM Analysis] On March 12, 2026, the US International Trade Commission (ITC) ruled against imposing tariffs on graphite imports from China. Below is the complete timeline of the US anti-dumping and countervailing duty (AD/CVD) investigation into China’s active anode material (graphite anode) imports, the duty rates at each stage, and the latest outcome as of March 12, 2026.

13 hours ago

15 hours ago

NDRC Approves Hami-Dunhuang Third 750 kV Transmission Line Project

Recently, the National Development and Reform Commission (NDRC) issued the Reply on the Approval of the Hami–Dunhuang Third 750 kV Transmission Line Project, formally approving the Xinjiang Hami–Dunhuang Third 750 kV Transmission Line Project. The implementation of this project was of great significance for improving the backbone structure of the main power grid in Northwest China, strengthening the mutual support capacity between the Gansu and Xinjiang power grids, and enhancing Xinjiang’s capacity to absorb new energy. According to previously disclosed environmental impact assessment information, the project had a total static investment of 1.3509 billion yuan and was scheduled for completion in March 2027.

15 hours ago

Jijing UHV DC Project Enters Final Feasibility Stage, Aiming for 2029 Operation

On March 12, it was learned from State Grid Jilin Electric Power Co., Ltd. that the project to transmit power from the Songliao Clean Energy Base in Northeast China to North China (the “Jijing UHV DC Project”) officially entered the final stage of the feasibility study. According to the plan, the project is expected to complete project approval in 2026, enter the substantive construction phase in 2027, and be completed and put into operation in 2029.

15 hours ago