February 2nd News
On January 30, 2026, the equity reform unveiling ceremony of Gansu Jinchuan Ruixiang New Materials Co., Ltd. and the commissioning ceremony of the 100,000-ton lithium iron phosphate (LFP) production line of its subsidiary, Gansu Jinlin Lithium Battery New Materials Co., Ltd., were successfully held simultaneously in Lanzhou New Area.
Chempricehub Analysis of Lithium Iron Phosphate (LFP)
Bull-Bear Score: -1
The commissioning of the 100,000-ton lithium iron phosphate (LFP) production line of Gansu Jinlin Lithium Battery New Materials Co., Ltd. is expected to significantly increase market supply. In the absence of synchronized demand growth, the anticipation of oversupply is likely to intensify, potentially exerting downward pressure on LFP spot prices and creating a bearish impact. This event has notable implications for the spot market, though it does not involve futures data, with the analysis grounded in supply-demand fundamentals.