May 12 News
Statistical data shows that in April, the production of lithium iron phosphate (LFP) reached 476,700 tons, a month-on-month increase of 4.15% or 19,000 tons.

Chempricehub Analysis on Lithium Iron Phosphate
Bullish/Bearish Score: -1
In April, LFP production reached 476,700 tons, up 4.15% month-on-month, indicating a clear increase on the supply side. Given that demand has not yet shown a corresponding significant rise, the supply-demand dynamics in the spot market are shifting toward a looser balance, which generally imposes a bearish influence on LFP prices.

Lithium Carbonate
Bullish/Bearish Score: 1
Lithium iron phosphate is a key downstream application for lithium carbonate. This month's sequential increase in LFP production supports a positive outlook for lithium carbonate demand. On May 11, 2026, the main contract for lithium carbonate (LC2609) on the Guangzhou Futures Exchange closed at 205,020 yuan/ton, up 4,080 yuan/ton from the previous trading day, with open interest increasing by 27,414 lots. Demand support generally exerts a favorable impact on lithium carbonate prices.