According to the data monitored by the Business News Agency, as of January 11, the price of lithium iron phosphate, an excellent power product, was 156000 yuan/ton. The market for lithium iron phosphate was weak, and the price was slightly reduced, 4.88% lower than that of the same period last week. The mainstream price range was around 155000 yuan/ton. It was mainly for contract customers, and new orders were not received.

The price of lithium iron phosphate is weak, down 8000 yuan/ton, or 4.88%, compared with the same period last week. At present, the mainstream price is 155000 yuan/ton. The downstream just needs to purchase, the logistics is slow, and the weak operation is maintained in the short term. The manufacturers supply only old customers, and new customers do not accept orders.

Chemical commodity index: The chemical index was 912 points on January 10, up 3 points from yesterday, down 34.86% from the highest point of 1400 points in the cycle (2021-10-23), and up 52.51% 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 in a narrow range and weak in the short term.