Price of lithium iron phosphate battery per ton

Is the lithium iron phosphate price still high?

Despite overcapacity, the lithium iron phosphate material is still expected to remain at the high price level of 100,000-130,000 RMB/ton at the end of this year. The market supply of lithium carbonate remains tight, and the price remains high.

What is the market share of lithium iron phosphate batteries?

From January to April, lithium iron phosphate batteries held more than 50% of the market share in the power battery field. The data indicates that the installed capacity of lithium iron phosphate power batteries was nearly 32GWh during this period, representing a year-on-year increase of 222.8%.

What is the lithium iron phosphate battery market outlook for 2025?

In the power lithium battery market, China’s lithium iron phosphate batteries are expected to account for more than 60% of the market share by 2025. The global power and energy storage market is expected to drive the growth of lithium iron phosphate materials, which are expected to remain the dominant cathode materials with a proportion above 50%.

What is lithium price based on?

Lithium price is based on supply and demand in the market. The price of Lithium is expected to rise substantially in coming years as the world moves further towards using green energy and lower carbon industry. Lithium Price Chart - Up to Date Lithium Price Per Ton / Tonne in chart format. Industrial metal prices.

How much will lithium cost in 2030?

Thus, its rough price estimate will be around $29, 438 per ton in 2030. However, this value remains subject to change due to factors like demand and supply dynamics, technological advancements, and a potentially more competitive market. Overall, the Global market value of lithium is expected to reach 19 billion U.S. dollars by the year 2030.

Why are lithium iron phosphate enterprises less motivated to buy raw materials?

The high price of lithium carbonate puts pressure on the profits of lithium iron phosphate enterprises, making them less motivated to purchase raw materials.