Lithium iron phosphate is experiencing a price surge, with leading companies having locked in orders and expanded production in advance. Industry estimates suggest that the upward trend will continue until the fourth quarter of next year

According to multiple sources, including leading lithium iron phosphate companies, the China Chemical and Physical Power Industry Association, and industry analysts, as we approach 2026, several lithium iron phosphate companies have begun discussions with customers regarding prices. Some leading companies have proposed price increases, with the increase concentrated between 2,000 to 3,000 yuan per ton. Some companies even stated that the upward price trend is expected to continue until the fourth quarter of next year. (Everyday Economic Network)