Lithium iron phosphate batteries and Phosphoric acid

Their prices have moved together.

Lithium iron phosphate batteries (energy) and Phosphoric acid (chemical): 1 relationship.

How they are linked

1. Price link: growing use

Cost and price · Moderate · Both ways

Purified phosphoric acid is used to make lithium iron phosphate battery cathodes, a fast growing demand. The battery index is a broad US price, and shows a weak link: monthly moves correlate at 0.06 and yearly moves at 0.31.

• 0.06 monthly change correlation
• 0.31 12-month change correlation
• 0.94 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.