Recently, the price of lithium iron phosphate has been relatively stable, and the decline has narrowed compared with last week. Following the downward trend of lithium carbonate prices, there has been no significant adjustment in the processing fee of lithium iron phosphate. The performance of the iron-lithium market was relatively stable in May, and the growth rate of downstream energy storage was still good. The performance of the new energy vehicle (power) market was relatively stable, and shipments were smooth. However, the market has recently reported that market expectations in June may decline. Battery cell factories The decrease in orders in June may be related to the accumulation of battery cell inventory, but there is currently no significant reduction feedback from lithium iron phosphate companies