Historical Price Data

Second half of 2020 to November 2022: Prices continuously rose from a low point, reaching a high of over 170,000 RMB/ton in November 2022.

November 2022 to the end of 2024: Prices entered a downward trend, falling to approximately 33,700 RMB/ton by the end of 2024, a cumulative decrease of over 80%.

Q4 2025: Spot prices for power-type lithium iron phosphate rose to 40,850-46,050 RMB/ton, with an average price of 43,450 RMB/ton; energy storage type rose to 38,750-42,050 RMB/ton, with an average price of 40,400 RMB/ton, an increase of over 30% compared to the low point in the middle of the year.

Since Q3 2025: The average price for power-type reached 37,350 RMB/ton, and for energy storage type reached 34,350 RMB/ton, a cumulative increase of approximately 9% compared to October.

Early September 2025: Power-type prices briefly fell to 33,700-36,700 RMB/ton, then stabilized but remained under overall pressure.

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