Industry associations will propose to establish a cost red line to standardize pricing, and promote the anti-involution of the lithium iron phosphate industry.

Reporters have learned from the industry that due to the dilemma of continuous overall losses in the domestic lithium iron phosphate industry for several years, disorderly competition and the phenomenon of low-price dumping threaten the survival foundation and overall sustainable development of the industry. The China Chemical and Physical Power Industry Association will release a notice on "Reference to Lithium Iron Phosphate Cost Index and Standardizing Industry Development". The notice suggests that companies should use the industry's average cost range disclosed by the association on November 18 as an important reference for quotation, and should not engage in low-price dumping that crosses the cost red line. The reporter exclusively learned that the China Chemical and Physical Power Industry Association will regularly disclose the industry's average cost range starting this month, providing authoritative regulatory basis for enterprise quotation. At the same time, the association suggests that companies fulfill their obligation to submit information, submitting production capacity, output, inventory, and other operating data truthfully and completely to the association on a monthly basis, as an important reference for industry resource allocation.