SunSirs: Viewpoint on Lithium Carbonate Ups and Downs on December 5
December 05 2019 11:12:10 SunSirs (John)
Product Name: Lithium carbonate
The latest price：Industrial grade: 47,600 RMB/ton, battery level: 60,600 RMB/ton
Analysis points:
Since December, the price of lithium carbonate is still in a downward trend. At present, enterprises are still pessimistic about the future market. Some enterprises take the initiative to reduce the price for shipment due to the pressure of inventory and cash flow, while some enterprises are still under the pressure of inventory, so the price goes with the market.
Market outlook
At present, lithium carbonate is in the relative off-season of sales, and the downstream purchase is mainly based on rigid demand. It is expected that the price of lithium carbonate in the future will be difficult to return to the rising trend.
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