SMM4 on March 30, the recent hot market of lithium iron phosphate is still continuing, downstream demand remains high, the average price of lithium iron is also higher than last week. According to SMM, the average monthly price of lithium iron phosphate was 49500 yuan per ton in April, up 2800 yuan per ton from 46600 yuan per ton in March, and 6.06 per cent month-on-month.
Source: SMM
Judging from the market situation, throughout April, at the beginning of the month, the market demand for power two-wheelers and power tools increased somewhat. Most manufacturers had already received full orders that month, and the overall demand was high. Superimposed before, part of the rise in lithium carbonate prices was transmitted to the end of lithium iron materials, causing some manufacturers to adjust the price of lithium for high-speed rail.
In the middle and the end of the month, the output of lithium carbonate upstream increased while imports remained high, while the weakening demand of digital 3C in lithium manganate led to a decline in orders from some manufacturers specializing in digital lithium manganate batteries, a reduction in production, and a decline in industrial carbon consumption. as a result of the combination of several factors, it is no longer difficult for most lithium iron manufacturers to purchase lithium carbonate, the shortage of raw materials supply slows down, and the quotation of lithium carbonate from upstream traders begins to loosen. The price fell slightly, the price of iron lithium was also affected by this, the rising trend slowed down, the market entered a game state, and the price was generally high to maintain stability.
