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SMM, April 17: LFP prices remained largely unchanged this week. On the raw material side, lithium carbonate prices were basically stable this week. Additionally, processing fees saw no significant changes this week. On the supply side, material manufacturers maintained stable production this week, with operating rates similar to March. Recent market discussions revealed no significant demand growth expectations for April and May. On the demand side, downstream battery cell manufacturers' demand remained steady, showing a slight increase compared to March, but the growth was relatively small. Regarding price settlements, starting from April, material manufacturers and battery cell manufacturers will renegotiate processing fees for Q2.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Zhicheng Zhou 021-51666711
Zihan Wang 021-51666914
Yanlin Lyu 021-20707875
Haohan Zhang 021-51666752
Jie Wang 021-51595902
Yang Xu 021-51666760
Bolin Chen 021-51666836
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