The price of lithium carbonate rises slightly and may maintain stability in the short term

According to the data of business agency, lithium carbonate prices have slightly risen after May 1 holiday, but some enterprises have also slightly lower prices. On May 12, the average price of industrial lithium carbonate in East China was 87000 yuan / ton, which was 0.46% higher than that of the early may (86600 yuan / ton on May 1). On May 12, the average price of battery grade lithium carbonate in East China was 90600 yuan / ton, which was 0.67% higher than that of the early Zhou Dynasty (on April 18, the average price of battery grade lithium carbonate in East China was 90000 yuan / ton). On December 12, the comprehensive quotation of industrial lithium carbonate market was around 82000-90000 yuan / ton, and the comprehensive price of battery grade lithium carbonate market was 85000-92000 yuan / ton.

According to the observation of market changes, the price of lithium carbonate at the end of April showed a small downward exploration, but after the May 1 holiday, the price rose and returned. Thus, lithium carbonate price has been in the state of interval consolidation in recent years, and the price fluctuation is mainly caused by the increase of shipping. It is understood that the current lithium carbonate market supply is relatively good, and there is a shortage of battery grade lithium carbonate supply in the near future.

The downstream domestic industrial lithium hydroxide Market maintains a stable operation situation, and enterprises mainly deliver the pre orders. At present, the cost side has certain support, and the market atmosphere is still acceptable. In terms of lithium iron phosphate, the price is also in a stable state in the near future. With the development trend of new electric vehicles, the marine shipping vehicles are developing rapidly, and the reserve power storage area has a huge development space. Therefore, the market position of lithium iron phosphate will be further improved in the future.

The lithium carbonate commodity index on May 11 was 221.66, which was flat with yesterday, down 45.28% from the highest point 405.10 (January 07, 2018), up 124.94% from the lowest point of 98.54 on October 16, 2014( Note: the cycle refers to 2011-09-01 to now)

Analysts of lithium carbonate in business agency believe that the market supply of lithium carbonate is relatively good in the near future, and some enterprises have a slight fluctuation. However, most of the prices are in a stable state. It is expected that the price of lithium carbonate in the short term may be stable and sustainable.

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