SunSirs: Viewpoint on Lithium carbonate Ups and Downs on Oct. 16
October 17 2019 13:19:14     SunSirs (John)Product Name: Lithium carbonate
The latest price:Industrial grade: 5,360 RMB/ton, battery level: 60,600 RMB/ton
Analysis points:
Recently, the supply and demand situation of lithium carbonate has not improved, and the demand in the downstream power market is also poor. The company is cautious about the price increase plan. Since a large amount of ore and smelting products still need to be digested in China, the price of lithium carbonate may be biased towards bearishness..
Market outlook
I Due to the steady decline in the price of lithium carbonate, it is expected that the price of lithium carbonate will fluctuate slightly in the short term.
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