According to the data monitored by the Business Agency, as of January 30, the price of the power-type premium lithium iron phosphate was 154000 yuan/ton. The lithium iron phosphate market was stable and the price remained unchanged. The mainstream price range was around 155000 yuan/ton. It was mainly for contract customers, and new orders were not accepted.

In January, the trend of lithium iron phosphate was stable, and the price fluctuation was limited. At present, the mainstream price was 155000 yuan/ton. The downstream just needed to purchase, and it maintained stable operation in the short term. The manufacturer’s supply was only for old customers, and new customers did not receive orders.

Chemical commodity index: The chemical index stood at 923 points on January 29, up 7 points from yesterday, down 34.07% from the highest point of 1400 points in the cycle (2021-10-23), 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).

Analyst of LiFePO4 of the Business Agency believes that the market of LiFePO4 will operate stably in the short term.