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company news about In the first quarter, LiFePO4 showed a ladder growth, with an increase of 29.73%

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In the first quarter, LiFePO4 showed a ladder growth, with an increase of 29.73%
Latest company news about In the first quarter, LiFePO4 showed a ladder growth, with an increase of 29.73%

 

The analysis shows that: in the short term, the market price of LiFePO4 will rise steadily. With the increasing demand, the demand for LiFePO4 will be further improved, and the prospect is broad.

 

The average price of domestic lithium iron phosphate was 48000 Yuan / ton as of April. In just a few months, the price of LiFePO4 increased by 26.32% compared with the beginning of January. In the first quarter, the overall price increased by 29.73%, reaching 11000 Yuan / ton. Starting from 2020, LiFePO4 will return to people's attention. In the fierce industry competition, LiFePO4 still faces many challenges.

 

Lithium iron phosphate under pressure

Before 2020, lithium iron phosphate was in a state of not warm and hot, technical deficiency, double pressure in the upstream and downstream, and the enterprise was particularly difficult to make profits. Until 2020, lithium iron phosphate returned to people's vision, becoming a new favorite of new energy automobile industry, and its heat level was once increased. Although such lithium iron phosphate is also under great pressure, titanium dioxide enterprises build production lines across industries, upstream raw materials rise, market price competition is fierce, although there are many difficulties, the industry prospects are very optimistic.

 

Ladder growth: 29.73% in three months

At the beginning of January 2021, the price of LiFePO4 was 37000 Yuan / ton. By the end of January, the price rose to 38000 Yuan / ton. The overall price rose by 2.7%, or 1000 Yuan / ton. At the beginning of February, the price of LiFePO4 increased from 38000 Yuan / ton to 42000 Yuan / ton, up 13.51% compared with that at the beginning of January, up to 5000 Yuan / ton, up 10.53% compared with that at the beginning of February, up to 4000 Yuan / ton. In early March, the price of LiFePO4 increased from 43000 Yuan / ton to 48000 Yuan / ton, up 11.63% in March, up 29.73% compared with early January and 26.32% compared with early February.

 

Demand drives capacity growth

With the increasing demand for LiFePO4, more and more enterprises begin to build the production industry of LiFePO4, one after another increase their weight, prepare for planning, and seize the share. The demand for LiFePO4 is growing. Driven by demand, the capacity of LiFePO4 in China will be 142000 tons in 2020, with a year-on-year growth of 45.7%. It is estimated that the capacity of LiFePO4 in 2021 will be more than 250000 tons. With the advantage of low cost, LiFePO4 has been recognized by the market, and the market prospect of LiFePO4 has opened up.

 

The main raw material of LiFePO4 is lithium carbonate. In January 2021, the overall market price of lithium carbonate in East China rose rapidly, until the end of March, the price was slightly stable.

 

The analysis shows that: in the short term, the market price of LiFePO4 will rise steadily. With the increasing demand, the demand for LiFePO4 will be further improved, and the prospect is broad.

Pub Time : 2021-04-12 09:16:40 >> News list
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