SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Viewpoint on Lithium Carbonate Ups and Downs on Oct. 9

October 10 2019 10:26:14     SunSirs (John)

Product Name: Lithium Carbonate


The latest price: Industrial grade: 55000 RMB/ton, battery grade: 63200 RMB/ton


Analysis points:

After the National Day, lithium carbonate prices still show no signs of improving. But the price decline is slowing down, and the price of lithium may reach bottom in the near future. At present, the order situation of the mainstream lithium salt enterprises is not pessimistic, and the demand of the electric vehicle industry is increasing gradually, so the traditional consumption season is expected to come.


Market outlook

It is expected that the price of lithium carbonate may still fluctuate at a low level for a short period of time, and the upward momentum is still limited.


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