SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: The Price of Lithium Carbonate Was Still Rising Slightly

August 19 2022 11:10:24     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, the prices of industrial-grade and battery-grade lithium carbonate continued to rise slightly this week. On August 18, the average price of industrial-grade lithium carbonate in East China was 464,000 RMB/ton, which was 0.22% higher than the average price at the beginning of the week (the average price of industrial-grade lithium carbonate in East China was 463,000 RMB/ton on August 14). On August 18, the average price of battery-grade lithium carbonate in East China was 481,600 RMB/ton, which was 0.21% higher than the average price at the beginning of the week (the average price of battery-grade lithium carbonate in East China was 480,600 RMB/ton on August 14).

Analysis review

By observing market changes, the price of lithium carbonate continued to fluctuate upwards this week. The shortage of raw material supply could not be fundamentally relieved in the short term, and the operating rate of some manufacturers was still lower than expected. Currently at the peak of electricity consumption in summer, under the influence of the power restriction policy in some areas, the overall output of local lithium salt enterprises was reduced, thus causing the price of lithium carbonate to fluctuate upwards.

In terms of demand, the downstream market has recovered slightly, and many iron and lithium manufacturers have continued to increase their new production capacity in the climbing stage, which has increased market stocking and overall demand.

The price of lithium hydroxide in the downstream was stable, the price of lithium carbonate in the upstream was slightly rising, and the raw material of spodumene was in short supply, and the cost support was strong. The intention of enterprises to ship at low prices had weakened, and demand was recovering. Under the boost of cost, the domestic industrial-grade lithium hydroxide market had a strong focus on negotiation, but the actual transaction price was still stable.

Downstream lithium iron phosphate prices ran smoothly. The supply of goods from manufacturers was still tight, and the supply side was obviously insufficient. It was mainly based on contract customers arranging orders for delivery. The number of new orders was limited, and the overall market negotiation atmosphere was acceptable.

Market outlook

Lithium carbonate analysts from SunSirs believe that, under the influence of the current limited power policy, many lithium salt manufacturers in Sichuan have reduced production and limited production. The market supply of lithium carbonate has been impacted to a corresponding degree, and it is expected that the price of lithium carbonate will remain strong in the short term.

If you have any questions, please feel free to contact SunSirs with

Related Information
1,3-butadiene | 2-EH | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium biphosphate | Ammonium chloride | Ammonium nitrate | Ammonium sulfate | Aniline | BDO | Benzene | Benzol | Bisphenol A | Bromine | Butyl acetate | Calcium carbide | Carbon black | Caustic soda | Chlorinated Paraffin | Chloroform | Coal tar | CPL | Cryolite | Cyclohexane | Cyclohexanone | DAP | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl alcohol | Ethylene glycol | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | glycine | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutyraldehyde | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MDI | MEK | Melamine | MIBK | N-butanol | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | Phenol | Phosphate rock | Phosphoric acid | Phosphorus yellow | Polycarboxylate Superplasticizer | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PX | R134a | R22 | Salicylic acid | Silica | Silicone DMC | Soda ash | Sodium Bicarbonate | Sodium metabisulfite | Styrene | Sulfur | Sulfuric acid | TDI | Tetrahydrofuran | Titanium Dioxide | Toluene | Urea | vitamin A | vitamin C | vitamin E | Xylene |
Rubber & plastics
Non-ferrous metals
Building materials
Agricultural & sideline products