According to the data monitored by the business association, as of June 5, the average price of lithium iron phosphate, a high-quality power product in China, was 37000.00 yuan / ton. The recovery of the car market was slow, and lithium iron phosphate operated in a weak position. Compared with the same period last month, the price of lithium iron phosphate fell by 7.5% and 3000 yuan / ton. From May 25 to June 5, lithium iron phosphate fell by 2.63% and 1000 yuan / ton.

Recently, the price range of lithium iron phosphate power market is 35000-37000 yuan / ton, and the power market is still recovering slowly. The volume of trading is not high, and the price is temporarily stable. At present, the competition of lithium iron phosphate is fierce, and the production capacity is surplus. It takes a long time to digest the inventory in the early stage. The price is difficult to rise in a short period of time. It is understood that Xiangtan electrochemical is building a lithium iron phosphate with an annual output of 20000 tons The production line is expected to be put into operation in the second half of 2020. After the production line is put into operation, the total annual output of lithium iron phosphate will reach about 50000 tons. Xiangtan electrochemical Co., Ltd. is mainly engaged in battery materials and sewage treatment. In recent two years, it has made a significant improvement in battery materials business. The commencement of the production line of lithium iron phosphate in Xiangtan electrochemical Co., Ltd. has also added a competition to the lithium iron phosphate industry. Lithium iron phosphate batteries are At present, the most commonly used lithium-ion power battery for electric vehicles is mainly due to its good safety performance and low cost. The domestic giant enterprises that produce lithium iron phosphate mainly include BYD, GuoXuan hi tech, Ningde times, etc. the positive material of lithium iron phosphate does not contain cobalt. Because of the scarcity of cobalt, the cost of the positive material will increase by 40%, which is one of the reasons for the low cost of lithium iron phosphate battery At present, the technology of lithium iron phosphate is relatively mature, and the product competition is very stable.

Automobile competition is intensifying. In April 2020, the output of new energy vehicles will be 73000, a year-on-year decrease of 31%. From January to April 2020, the battery demand of passenger vehicles will be 9.32 million, a year-on-year decrease of 48%. In April, the ternary battery will account for 75%. Lithium iron phosphate is relatively weak in operation, but for ordinary consumers, people care more about the price economy, safety, high technology level and cost-effective experience, so The later market of lithium iron phosphate is more recognized by the industry.

The price range of the upstream lithium carbonate battery level is 41000-43500 yuan / ton. At present, the price of lithium carbonate is bearish, the market is pessimistic, businesses are actively shipping, the transaction price is close to the cost line, the space for the price to continue to decline is limited, and the enterprise is under pressure.

Compared with the same period last month, the price of lithium iron phosphate decreased by 7.5%, from 40000 yuan / ton to 37000 yuan / ton, a drop of 3000 yuan / ton, a drop of 2.63% compared with the beginning of last week, a drop of 1000 yuan / ton, and the chemical index on June 4 was 663 points, the same as yesterday, a drop of 34.74% compared with the highest point 1016 (2012-03-13), and a rise of 10.87% compared with the lowest point 598 on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

According to the analyst of lithium iron phosphate of business association, lithium iron phosphate, an excellent power product in China, will maintain stable operation in the short term. (the above prices are provided by the major manufacturers of lithium iron phosphate all over the country and analyzed by the analysts of lithium iron phosphate in the business. For reference only, please contact the relevant manufacturers for more details.)