Weekly LFP Price Review And Forecast

SHANGHAI, Jun 6 (SMM) –LFP prices inched higher last week. In terms of cost, lithium carbonate prices increased slightly, while iron phosphate prices fell. NEV market was relatively stable, while energy storage market performed well. In May, the operating rates of LFP plants increased. Both inquiries and transactions have picked up. It is expected that LFP prices will stabilise or rise slightly.

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