According to the data monitored by the Business News Agency, as of February 24, the price of lithium iron phosphate, a high-quality power product, was 145000 yuan/ton. Compared with the same period last week, the market of lithium iron phosphate was stable, and the overall price changed little. The mainstream price range was around 145000 yuan/ton. It was mainly for contract customers, and new orders were not accepted.

This week, lithium iron phosphate operated smoothly, with a limited range of price fluctuations. At present, the mainstream price is 145000 yuan/ton. The upstream price is weak, and the cost support of lithium iron phosphate is insufficient. The downstream purchase is based on demand, and the manufacturers supply only old customers. The overall market operation is stable, the operating rate is normal, and the logistics is smooth. In the short term, lithium iron phosphate operates smoothly.

Chemical commodity index: On February 23, the chemical index was 917 points, up 2 points from yesterday, down 34.50% from the highest point of 1400 points in the cycle (2021-10-23), and up 53.34% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Analyst of lithium iron phosphate of the Business Society believes that the lithium iron phosphate market is mainly stable in the short term.