Qinghai Dominated China’s LFP Exports

Published: Sep 09, 2022 11:13 (GMT+8)

Save

SHANGHAI, Sep 9 (SMM) - Since the start of this year, Qinghai’s salt lake chemical exports have been expanding steadily.

Statistics show that from January to July this year, the export value of salt lake chemical products in Qinghai Province was 303 million yuan, up 182.9% year-on-year.

In terms of product structure, the export products of Qinghai have been upgraded from low value-added products such as calcium chloride and magnesium chloride, whose prices were less than 1,000 yuan/mt, to lithium iron phosphate, whose prices were over 100,000 yuan/mt and lithium metal, whose prices were more than 1 million yuan/mt.

In addition, by relying on the advantages of lithium resources in salt lake, Qinghai Province's export of lithium iron phosphate has gradually occupied the leading position in China. Statistics show that in the first seven months of this year, Qinghai province's total export of lithium iron phosphate accounted for 53.4% of the national total.

Import/Export

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 for 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

4 hours ago

[SMM Separator Weekly Review] Supply-demand tight pattern persists

[SMM Analysis] Separator Market Prices Remain Stable Overall

4 hours ago

5 hours ago

[SMM Analysis] Downstream Stocking Boosts Lithium Hexafluorophosphate Demand, Supply Growth Release Remains Slow

[SMM Analysis: Downstream Stocking Boosts LiPF6 Demand, Supply Growth Release Remains Slow] In September 2026, China's LiPF6 production continued to edge up, with monthly production up about 3.4% MoM from August and up about 59% YoY. The overall supply release pace remained slow, and the tight supply-demand balance persisted.

5 hours ago

6 hours ago

Second-life Application Market Prices Edged Down This Week, Weakening Costs Put Pressure on the Market [SMM Weekly Review]

Prices in the second-life application market edged down this week, with trading sentiment remaining sluggish. The broad weakening of raw materials on the cost side was the main driver behind this round of price adjustments. The cost side shifted notably lower overall, with raw materials weakening across the board. This week, lithium carbonate fell markedly, cobalt sulphate pulled back sharply, and nickel sulphate extended its earlier weakness. The synchronized softening of the three core raw materials continued to erode cost support for second-life products. On the supply side, conditions remained generally stable, with smooth circulation of goods across all categories and no concentrated release or tightening of supply. The supply side was relatively neutral, and suppliers gradually lowered their quotes as costs eased. On the demand side, the subdued pattern persisted, with downstream purchase willingness remaining weak. The transmission of raw material prices has not yet fully taken hold, but the sharp cost fluctuations have already pushed transaction prices lower, while also intensifying wait-and-see sentiment in the market, with insufficient follow-through in transactions.

6 hours ago