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SunSirs: Lithium Carbonate Prices Were Still Down on May 9, 2022
May 10 2022 15:10:24SunSirs(John)

Price trend

On May 9, 2022, industrial grade lithium carbonate was 462,000 RMB/ton, and battery-grade lithium carbonate was 478,000 RMB/ton

Analysis review

The price of lithium carbonate was still lowered at the beginning of the week, and the current market supply is still rising steadily. As the impact of epidemic control on production gradually recedes, some of the new production capacity was still being released, and the output of Salt Lake continued to rise. After the festival, some leading manufacturers will negotiate the price of the long-term association, and some material factories have not yet confirmed their orders before the festival, and they are still on the sidelines for lithium salts.

Market outlook

After the holiday, the purchase volume in the downstream market may increase, and the market trading atmosphere will improve. It is expected that the price of lithium carbonate will continue to fluctuate in the short term.

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