According to the monitoring of SunSirs Commodity Market Analysis System: after the May Day holiday, the prices of industrial-grade and battery-grade lithium carbonate maintained an upward trend. On May 11, the domestic mixed average price of industrial grade lithium carbonate was 217,000 yuan/ton, an increase of 24.71% compared with the average price of 174,000 yuan/ton on May 1. On May 11, the domestic mixed average price of battery-grade lithium carbonate was 239,000 yuan/ton, an increase of 19.5% compared with the average price of 200,000 yuan/ton on May 1.
Based on the observation of market changes, the price of lithium carbonate has continued to show an upward trend in the near future, continuing its performance at the end of April. In terms of supply, the current supply of upstream raw material lepidolite is still very limited, and the price of overseas imported spodumene concentrate is still at a high level. This has caused some mica companies and lithium salt factories to still have a large number of OEMs and production cuts due to problems such as cost inversions, which has led to a drop in the operating rate of lithium carbonate in the near future. The spot supply in the market is tight, and the price of lithium carbonate keeps rising.
In terms of demand, after the May Day holiday, the market activity remained strong, and the enthusiasm for market inquiries was relatively high. Overlying the sellers’ reluctance to sell, the tight market became more apparent, leading to an increase in the demand for lithium carbonate, and the price continued to rise.
The price of downstream lithium hydroxide has stopped falling and has been raised. Affected by the rising price of lithium carbonate, the price of “carbon” and “hydrogen” has been restored, and the market support has improved. Although the market demand has not improved, it is affected by the long-term cooperation orders of all parties Affected by this, the price improved slightly and rebounded.
The price of downstream lithium iron phosphate is generally stable, and the price of lithium carbonate, the main raw material, has rebounded recently. Lithium iron phosphate companies have slightly replenished their raw materials, and still mainly purchase just-needed materials. However, the actual market demand has not recovered significantly, so the quotations of lithium iron phosphate enterprises are relatively stable, and they continue to destock.
Lithium carbonate analysts from SunSirs believe that the current price of lithium carbonate is heavily guided by market sentiment. Although spot inquiries are active, the market is reluctant to sell. Coupled with factors such as upstream production reduction, terminal consumption, and inventory reduction, it is expected that short-term lithium carbonate prices may continue to run strongly.
Provide raw material procurement and finished product sales, welcome to join the business matching trading platform!
微信扫一扫打赏
