Lithium Iron Phosphate Prices Surge Over 80% Year-over-Year in June as Supply Tightens

According to Longzhong Information, lithium iron phosphate prices surged 19.34% year-to-date and over 80% year-over-year in June 2026, with the monthly average price reaching 61,113.33 yuan per ton. Leading battery material enterprises are operating at full capacity, with premium-grade products facing acute supply shortages and accelerating the market into a high-growth cycle. Industry analysts expect profitability to improve further in the second quarter.
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