According to the data monitoring of business agency, the price of industrial grade and battery grade lithium carbonate rose rapidly this week, and the rising range was increasing. On September 2, the average price of industrial grade lithium carbonate in East China was 122000 yuan / ton, which was 8.93% higher than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 112000 yuan / ton on August 29). On September 2, the average price of battery grade lithium carbonate in East China was 128800 yuan / ton, which was 8.97% higher than that in early Zhou (the average price of battery grade lithium carbonate in East China was 118200 yuan / ton on August 29). As of September 2, the comprehensive quotation of industrial grade lithium carbonate market is about 113000 ~ 134000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market is about 123000 ~ 140000 yuan / ton.
By observing the market changes, the price of lithium carbonate continued to rise rapidly this week, and the rising range was increasing. The current price can be in the violent stage. The rising price is due to the rising price of raw materials of upstream lithium ore, which drives the cost increase. Then Pilbara will hold a second auction in September, which will also affect the subsequent development of lithium carbonate price. Second, at present, the supply of lithium carbonate is relatively tight and the market demand is increasing. September October may be two months after the production jump after the downstream production capacity is put into operation, and the tension between supply and demand may become serious.
Downstream domestic industrial lithium hydroxide prices rose strongly, raw material prices rose, costs were under pressure, market supply and demand performed well, and prices continued to rise. In terms of lithium iron phosphate, the recent price is stable, the focus of negotiation is high, the supply and demand is balanced, the downstream just needs to purchase, and the transaction atmosphere is cautious.
On September 1, the lithium carbonate commodity index was 303.69, up 11.21 points from yesterday, down 25.03% from the highest point 405.10 in the cycle (2018-01-07), and up 208.19% from the lowest point 98.54 on October 16, 2014（ Note: period refers to the period from September 1, 2011 to now)
The lithium carbonate analyst of business society believes that the current market demand for lithium carbonate is very tight, and the orders of some enterprises in September have been negotiated and sold. With the amplification effect of downstream expansion, the demand for lithium salt will continue to increase, and the price of lithium carbonate is expected to continue to rise in the short term.
| PVA |