According to the data monitored by the business agency, as of March 7, the average price of lithium iron phosphate, a domestic high-class power product, was 155000.00 yuan / ton. Compared with the same period last week, the market price of lithium iron phosphate increased by 3.33%. The overall market negotiation focus was high, the inventory was low, the downstream just needed to purchase, the trading atmosphere was ok, and there was a continuous upward trend.

The price of lithium iron phosphate is relatively strong. Compared with the price rise trend in the same period last week, the manufacturers have tight supply, insufficient supply, high negotiation focus, and the overall market negotiation atmosphere is acceptable. The focus of the upstream market is high, and the price is high. The lithium iron phosphate market has certain support, and the overall market is relatively strong.

Upstream lithium carbonate: the average price of industrial grade lithium carbonate in East China is 456600 yuan / ton. The overall market continues to rise, and the price of lithium carbonate continues to rise. At present, the market output of lithium carbonate is still affected by the shortage of resources, the market gap still exists, and the price of lithium iron phosphate will remain stable and rise in the short term.

Chemical commodity index: on March 6, the chemical index was 1165 points, unchanged from yesterday, down 16.79% from the highest point of 1400 points in the cycle (2021-10-23), and up 94.82% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now).

Analysts of lithium iron phosphate in business society believe that lithium iron phosphate is expected to be strong in the short term and the price will rise. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).