Lithium Iron Phosphate in China Falls 7.2% to USD 7,781/tonne

Lithium iron phosphate in China was quoted at USD 7,781/tonne as of 2026-10-01. The weekly change was +0.1%, up from USD 7,771/tonne on 2026-09-24. Over the month the price fell 7.2%, from USD 8,380/tonne on 2026-09-01.

The 52-week high stands at USD 8,719/tonne, set on 2026-07-16. The 52-week low of USD 7,752/tonne was recorded on 2026-09-17.

Several developments frame the movement. Battery-Tech Network reported that China implemented a 2% consumption tax on lithium-ion batteries effective September 1, 2026, impacting production costs. The same source reported that CATL raised its 314Ah energy storage cell quote to 0.423 RMB/Wh on September 9, 2026, following the new consumption tax. Earlier, iEVChina reported that Hunan Yuneng raised LFP cathode prices by 2,000 RMB/tonne effective August 1, 2026, citing surging phosphoric acid costs.

Claight market monitoring shows that LFP cathode manufacturers reduced quotes in mid-September 2026 as lithium carbonate prices fell and downstream demand missed expectations. The latest weekly reading of +0.1% follows that period of declines.