[SMM Analysis: Is the price of ferrous phosphate still on the decline?]
On January 16, 2024, the price of ferrous phosphate reported by SMM was 9800-10700 yuan/ton, with an average price of 10250 yuan/ton. As of January 16, 2024, the average price range for January was 10036-10809 yuan/ton, with an average price of 10423 yuan/ton. With the influence of overcapacity, shrinking demand, cost support, and the traceability of battery quality issues, is there still downward space for ferrous phosphate? Can it continue to decline as a lifeline for ferrous phosphate lithium materials?
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