According to the data monitoring of business agency, the price of industrial grade and battery grade lithium carbonate broke the calm and rose rapidly in August. On August 4, the average price of industrial grade lithium carbonate in East China was 89000 yuan / ton, which was 1.14% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 88000 yuan / ton on August 1). On August 4, the average price of battery grade lithium carbonate in East China was 92200 yuan / ton, up 0.66% from the beginning of the month (the average price of battery grade lithium carbonate in East China was 91600 yuan / ton on August 1). On the 4th, the comprehensive quotation of industrial grade lithium carbonate market was around 86000 ~ 92000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was around 91000 ~ 96000 yuan / ton.
From the observation of market changes, the price of lithium carbonate broke the calm and began to boost from the middle of July. After entering August, the price rose rapidly, and the prices of many enterprises rose one after another. At present, lithium carbonate has a variety of raw materials, including salt lake brine, mica ore and so on. Since the second quarter, the domestic lithium carbonate production has increased significantly, 40% higher than the average level in 2020, but in the third quarter, it is still facing a tight supply situation, so the price can rise smoothly. Coupled with the capacity expansion of downstream cathode materials, the demand for lithium raw materials has increased significantly, which makes the tight supply of lithium still unable to be alleviated for a long time.
In addition to the tight supply situation, the recent price rise is also affected by the rise in the spot price of “lithium carbonate 2110″ in Wuxi stainless steel electronic trading center, coupled with the hoarding and market speculation of individual manufacturers, resulting in the continuous rise in the price of lithium carbonate. The price of lithium hydroxide in the downstream has continued to grow steadily, while the price of lithium iron phosphate is slightly stable.
On August 3, the lithium carbonate commodity index was 224.71, the same as yesterday, down 44.53% from the highest point of 405.10 in the cycle (2018-01-07), and up 128.04% from the lowest point of 98.54 on October 16, 2014（ Note: period refers to the period from September 1, 2011 to now)
According to the lithium carbonate analysts of business society, at present, the downstream demand is growing strongly, and the price rise of lithium carbonate is rising again. In addition, under the background of “carbon neutralization”, the growth of new energy industry chain determines that the demand for lithium carbonate is expected to maintain a high boom, and it is expected that the price of lithium carbonate may continue to fluctuate upward in the short term.
| PVA |