According to the data monitored by SunSirs, as of March 10, the price of power-type premium Ferrous lithium phosphate was 145,000 RMB/ton. Compared with the same period last week, the market of Ferrous lithium phosphate was stable, and the overall price changed little. The mainstream price range was around 145,000 RMB/ton. It was mainly for contract customers, and new orders were not accepted.

　　Analysis review

　　This week, Ferrous lithium phosphate operated smoothly, with a limited range of price fluctuations. As of the 10th, the mainstream price was 145,000 RMB/ton. The upstream price was weak, and the cost support of Ferrous lithium phosphate was insufficient. The downstream purchased as needed, and the manufacturer’s supply was only for old customers. The overall market operation was stable, the operating rate was normal, the logistics was smooth, and Ferrous lithium phosphate operates smoothly in the short term.

　　Chemical index: The chemical index reached 923 points on March 9, which was the same as the previous day, down 34.07% from the highest point of 1,400 points (2021-10-23) in the cycle, and up 54.35% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

　　Market outlook

　　Analyst of Ferrous lithium phosphate of SunSirs believes that the Ferrous lithium phosphate market will mainly operate smoothly in the short term.