According to the data monitored by the business community, the price of industrial and battery grade lithium carbonate continued to rise slightly this week. On September 22, the average price of industrial lithium carbonate in East China was 498000 yuan/ton, which was 0.81% higher than the average price at the beginning of the week (on September 18, the average price of industrial lithium carbonate in East China was 494000 yuan/ton). On September 22, the average price of battery grade lithium carbonate in East China was 514000 yuan/ton, which was 0.78% higher than the average price at the beginning of the week (on September 18, the average price of battery grade lithium carbonate in East China was 510000 yuan/ton).
| PVA |
According to the observation of market changes, the price of lithium carbonate still rose slightly this week. In terms of market supply, the spot market is still tight at present, and the leading large factories still focus on long order delivery, and most of them temporarily suspend external quotation due to the lack of spot sales. However, affected by the epidemic situation in Qinghai, the transportation control is still relatively strict, which makes the shipment of lithium carbonate slow.
In terms of demand, the production capacity of the downstream market continues to climb, making the demand for lithium carbonate still relatively increased. In addition, with the arrival of the fourth quarter, downstream energy enterprises prepared lithium salt raw materials for the year-end impulse, and their procurement performance was positive. Under the condition of weak supply and strong demand, the price of lithium carbonate has been rising.
The price of lithium hydroxide in the downstream is stable. Due to the high price of lithium carbonate, there is strong support for the lithium hydroxide market. Large factories give priority to the delivery of long-term orders. The spot supply in the market is still tight, and the enthusiasm of downstream inquiries is good. Under multiple supports, the focus of lithium hydroxide market negotiation is high and strong.
The price of lithium iron phosphate in the downstream increased, lithium salt maintained an upward trend, the cost of lithium iron rose slightly, and some manufacturers’ quotations increased due to the cost of raw materials. The obvious growth of downstream demand and the increase of purchase also led to the price rise of lithium iron phosphate.
Lithium carbonate analysts from the business community believe that the price of lithium carbonate has kept rising continuously in the near future. At present, the price is basically at a relatively high level, and some enterprises’ quotations are basically stable. It is expected that the short-term high price of lithium carbonate will be dominated.
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