Chinese LFP cathode prices more than halve in a year as cell makers flex power

Prices for Chinese lithium iron phosphate (LFP) cathode material more than halved in the past year amid weak raw material prices, a supply glut and intensive competition among cathode producers. LFP cathode prices have declined 52% year-on-year to RMB 42,000 ($5,796) for the period ended mid June, according to the Benchmark Cathode Price Assessment. Aside […]