According to the data monitored by the business club, as of June 17, the price of lithium iron phosphate, a high-class power product, was 155000 yuan / ton. It was mainly purchased in the downstream. The purchasing atmosphere was general, and the overall market was running smoothly. At present, the supply of manufacturers is still tight, and the supply side is obviously insufficient. It is mainly arranged and delivered by contracted customers. The number of new orders is limited. The overall market negotiation atmosphere is acceptable, the price remains high, and the upstream remains high, The price of lithium iron phosphate continues to rise, and the cost pressure remains.

Upstream lithium carbonate: on June 16, the average price of industrial lithium carbonate in East China was 457000 yuan / ton, an increase of 0.66% compared with the average price at the beginning of the week (on June 12, the average price of industrial lithium carbonate in East China was 454000 yuan / ton). On June 16, the average price of battery grade lithium carbonate in East China was 475000 yuan / ton, an increase of 0.64% compared with the average price at the beginning of the week (on June 12, the average price of battery grade lithium carbonate in East China was 472000 yuan / ton).

Chemical commodity index: on June 17, the bulk commodity price index BPI was 1195 points, down 5 points from yesterday, down 11.02% from 1343 points (October 19, 2021), the highest point in the cycle, and up 81.06% from 660 points, the lowest point on February 3, 2016. (Note: the period refers to 2011-12-01 to now).

According to the analysts of business club, the stable operation of lithium iron phosphate is the main factor in the short term, and the price fluctuation range is small. (if you want to get more commodity information and master commodity prices, you are welcome to subscribe to the commodities of the business club through the official account of the business club. The market is an opportunity).