According to the data monitoring of business news agency, the price of industrial grade and battery grade lithium carbonate continued to rise slightly this week. On August 18, the average price of industrial grade lithium carbonate in East China was 464000 yuan / ton, up 0.22% compared with the average price of industrial grade lithium carbonate in East China on August 14 (463000 yuan / ton). On August 18, the average price of battery grade lithium carbonate in East China was 481600 yuan / ton, an increase of 0.21% compared with the average price at the beginning of the week (on August 14, the average price of battery grade lithium carbonate in East China was 480600 yuan / ton).

From the observation of market changes, the price of lithium carbonate continued to fluctuate upward this week. At present, the shortage of raw materials cannot be fundamentally alleviated in the short term, and the operating rate of some manufacturers is still lower than expected. At present, it is at the peak of power consumption in summer. Due to the influence of power policies in some areas, the overall output of local lithium salt enterprises will be reduced, thus causing the price of lithium carbonate to fluctuate upward.

On the demand side, the downstream market recovered slightly, and the new capacity of many iron and lithium manufacturers was in the climbing stage and continued to increase, which increased the market stock and increased the overall demand.

The price of lithium hydroxide in the downstream is stable, the price of lithium carbonate in the upstream is slightly higher, the spodumene raw material is in short supply, the cost support is strong, the enterprise’s low-cost intention is weakened, the demand is recovering, and the negotiation focus of the domestic industrial grade lithium hydroxide Market is strong under the cost boost, but the actual transaction price is still stable.

The price of downstream lithium iron phosphate is running steadily. At present, the supply of goods by manufacturers is still tight, and the supply side is obviously insufficient. It is mainly based on the arrangement and delivery of contract customers. The number of new orders is limited, and the overall market negotiation atmosphere is acceptable.

According to the lithium carbonate analyst of business club, many lithium salt manufacturers in Sichuan have reduced production and limited production due to the current limited power policy. The market supply of lithium carbonate is impacted to a certain extent, and it is expected that the short-term lithium carbonate price will still be strong.