Multiple listed companies plan to raise the price of lithium iron phosphate products.

At the first meeting of the third council of the Lithium Iron Phosphate Materials Branch of the China Chemical and Physical Power Industry Association held recently, it was learned by reporters that many leading companies have started to adjust product prices. Recently, the lithium iron phosphate industry has set off a wave of intensive price increases. Reporters learned from several industry chain enterprises that leading manufacturers have started to issue clear price increase notices to customers. It is understood that a major manufacturer has clearly stated that processing fees for all lithium iron phosphate products will be uniformly increased from 2026. Industry insiders also revealed that some companies have already implemented price increases for their customers. Some companies are still in intense negotiations with customers, but they also stated that "price increase has become the trend," which is expected to improve the profit levels of industry companies.