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Weekly Market Briefing on LFP Materials [SMM Analysis]

iconApr 17, 2025 19:51
Source:SMM
【SMM Analysis: Weekly Update on the LFP Material Market】SMM reported on April 17 that the price of LFP remained largely unchanged this week. On the raw material side, the price of lithium carbonate was basically stable this week. Additionally, the processing fee saw no significant changes this week. On the supply side, material manufacturers maintained stable production this week, with the operating rate similar to that of March. Recent market interactions revealed no significant demand growth expectations for April and May. On the demand side, downstream battery cell manufacturers' demand remained stable, 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 the processing fee for Q2.

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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

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

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