Our website uses cookies to ensure that we give you the best experience on our website. If you continue we'll assume that you are happy to receive all cookies on the metal.com website.
Got it
SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Market Changes in LFP at March Month-End [SMM Analysis]

Market Changes in LFP at March Month-End [SMM Analysis]

iconMar 27, 2025 10:36
Source:SMM
【SMM Analysis: LFP Production Growth in March Fell Short of Expectations, April Growth Momentum Expected to Slow】This week, the LFP market remained stable overall, with relatively small price fluctuations. On the raw material side, the average price of lithium carbonate stayed steady, and the processing fee remained unchanged. However, the price of iron phosphate has shown a slight upward trend recently, prompting material manufacturers to consider proposing an increase in processing fees to downstream battery cell manufacturers for Q2. Supply side, LFP material manufacturers maintained stable production activity this week, but some top-tier enterprises saw a reduction in order volumes compared to the full production plan at the beginning of the month, resulting in actual production falling short of the scheduled expectations. Nevertheless, overall production still increased compared to February. Demand side, downstream battery cell manufacturers significantly ramped up production schedules compared to February, particularly with a notable rise in demand for power battery cells and high-density materials. LFP production growth in April is expected to slow.

》View SMM cobalt and lithium product quotes, data, and market analysis

》Order and view SMM cobalt and lithium product spot historical price trends

SMM March 27 news, the LFP market remained stable this week, with relatively small price fluctuations. On the raw material side, the average price of lithium carbonate remained steady this week, and the processing fee also showed no changes. However, the price of iron phosphate has recently shown a slight upward trend, prompting material manufacturers to consider proposing an increase in the Q2 processing fee to downstream battery cell manufacturers. Supply side, LFP material manufacturers maintained stable production enthusiasm this week, but some top-tier enterprises saw a reduction in order volume compared to the full production plan at the beginning of the month, and actual production did not meet the production schedule expectations. However, overall production still increased compared to February. Demand side, downstream battery cell manufacturers saw a significant increase in production schedules compared to February, especially for power battery cells and high-density materials. The LFP production increase is expected to slow down in April.

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 Lyu 021-20707875

Haohan Zhang 021-51666752

Jie Wang 021-51595902

Yang Xu 021-51666760

Bolin Chen 021-51666836

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4.China Lithium Market Dynamics and Lithium Procurement Study
5.Project Case - New Energy -Market Study
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.