Qatar’s foreign ministry said on June 21 that, mediated by Qatar and Pakistan, the U.S. and Iran have begun negotiations in Switzerland. The ministry said it hopes the meetings will produce a comprehensive, permanent agreement resolving all issues covered in the memorandum of understanding.

Lithium iron phosphate (LFP) prices have jumped this year, with a ~400 kg bag trading above 25,000 yuan versus about 10,000 yuan a year ago. Demand remains robust: finished-goods warehouses are full and more than 90% of output is supplied to leading new-energy vehicle makers, which account for the bulk of order growth. Producers point to strong NEV and energy-storage exports as the main demand driver. Upstream costs are also pushing prices higher: LFP is made from iron phosphate, lithium carbonate and glucose, with iron phosphate representing roughly 30% of raw-material cost; iron phosphate has risen sharply year-to-date, lifting overall LFP production costs.

巴基斯坦外交部：巴基斯坦总理谢里夫和穆尼尔元帅已前往瑞士布尔根施托克，参加关于谅解备忘录实施的会谈。