【Lithium-Ion Electrode Material】 Manufacturers Focus on Depleting Inventories

1. LiFePO4:

The price of LiFePO4 decreased this week. Last week, the decline in battery-grade lithium carbonate slowed down, and market sentiment slightly recovered, leading to an increase in inquiries. However, due to the lack of clear recovery in downstream demand for power and energy storage, short-term purchases are mainly based on just-in-time procurement, and the overall market activity is low. In terms of costs, the downward trend in LiFePO4 and lithium carbonate prices continues, further driving down costs. The operating rate of iron-lithium enterprises has not yet returned to normal levels and is still relatively low. Under inventory pressure, some extreme low-price sales behaviors have appeared in the market. LiFePO4 prices are expected to continue to decline in the short term. 

2. Negative electrode:

There is no significant improvement in the negative electrode market this week. Negative electrode material accessory products for your reference.

3. Raw materials:

The price of low-sulfur coke is currently relatively stable, but port inventories remain high; the order situation for needle coke this month has recovered moderately, and downstream negative electrode manufacturers are still exerting pressure to lower prices to reflect their own cost pressures. Although some needle coke manufacturers have adjusted their production lines, some manufacturers still face inventory pressure, and prices may continue to trend slightly downwards in the future.

4. Graphitization:

There is no significant improvement in the supply and demand situation in the graphitization market. New entrants will prioritize releasing their graphitization production capacity for contract manufacturing, and the market price may continue to trend slightly downwards.

In the short term, downstream battery and end customers are still in the destocking phase, and the market is heavily focused on depleting inventories for negative electrode manufacturers. With the recent results of tenders from top battery manufacturers, the price of negative electrode products in the market continues to decrease slightly, and some manufacturers' prices have even fallen below the cost line. For more market information on positive and negative electrode materials, feel free to contact us.