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Home / Metal News / Weekly Overview of the LFP Market: March Growth Forecast Revised Downward [SMM Analysis]
Weekly Overview of the LFP Market: March Growth Forecast Revised Downward [SMM Analysis]
Mar 25, 2025 19:16Source:SMM
【SMM Analysis Weekly Overview of LFP】Last week, the LFP market price continued the downward trend from the previous week. Raw material side, lithium carbonate prices fell by approximately 300 yuan/mt this week, accompanied by the recent implementation of increased processing fees for medium-high compaction products, leading to a slight increase in LFP bundled processing fees this week. Regarding lithium carbonate discounts, negotiations have not yet been fully concluded. Supply side, as of now, orders from some leading first and second-tier LFP material manufacturers have declined compared to the full production plans at the beginning of the month, with actual production falling short of the production schedule expectations, but overall, it still maintained an increase compared to February. Demand side, the overall production schedule of downstream battery cell manufacturers showed a significant increase compared to February, especially for products with high compaction density.
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SMM March 25th News, last week, the LFP market price continued the downward trend from the previous week. Raw material side, lithium carbonate prices fell by about 300 yuan/mt this week, accompanied by the recent increase in processing fees for medium and high compaction products, the bundled processing fee for LFP increased slightly this week. Regarding lithium carbonate discounts, negotiations have not yet been fully concluded. Supply side, as of now, orders from some top-tier and second-tier LFP material manufacturers have declined compared to the full production plan at the beginning of the month, with actual production falling short of the production schedule expectations, but overall still maintaining an increase compared to February. Demand side, downstream battery cell manufacturers' overall production schedule showed a significant increase compared to February, especially for high compaction density products.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Zhicheng Zhou 021-51666711
Yujun Liu 021-20707895
Zihan Wang 021-51666914
Yanlin Lv 021-20707875
Haohan Zhang 021-51666752
Jie Wang 021-51595902
Yang Xu 021-51666760
Bolin Chen 021-51666836
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