On April 21, the lithium carbonate commodity index was 107.01, unchanged from the former day, down 73.58% from 405.10 (2018-01-07), the highest point in the cycle, and up 8.60% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now)
Product: According to a large number of data on the list of SunSirs, the market of lithium carbonate was temporarily stable on the 22nd. At present, the oversupply situation in the market has not been significantly improved, and the demand side is weak. The downstream market is dominated by rigid purchase, with no obvious price fluctuation, and the market trading atmosphere is light. According to the price monitoring of SunSirs, the average price of industrial grade lithium carbonate in East China on April 22 was 42,000 RMB/ton, which was the same as that of former day and 5.41% lower than that of January 1. On April 22, the average price of battery grade lithium carbonate in East China was 46,700 RMB/ton, which was the same as that of former day and 8.43% lower than that of January 1. At present, the mainstream price of industrial lithium carbonate market is around 38,000-45,000 RMB/ton, and the mainstream price of battery lithium carbonate market is around 45,500-48,000 RMB/ton.
Industry: According to the price monitoring of SunSirs, on April 21, 2020, there were 9 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical sector, among which the top three commodities were acetic acid (2.96%), ethanol (1.66%) and chlorinated paraffin (1.39%). There were 21 kinds of commodities that fell sequentially, and there were 3 kinds of commodities that fell more than 5%, accounting for 3.4% of the monitored commodities in this sector; the top 3 products that fell were sulfur (-8.33%) and n-butanol (industrial grade) ) (-7.65%), polysilicon (-7.19%). The average daily increase or decrease was -0.46%.
SunSirs lithium carbonate analysts believe that in the short term, lithium carbonate market conditions may be weak and stable.
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