SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Viewpoint on Lithium Carbonate Ups and Downs on December 11

December 12 2019 10:39:23     SunSirs (John)

Product Name: Lithium carbonate

 

The latest price(December 11)Industrial grade: 46,400 RMB/ton, battery level: 53,400 RMB/ton

 

Analysis points:

At present, the price of lithium carbonate continues to decline, and the downstream demand is sporadic. The price of lithium carbonate in Jiangxi Province has declined significantly, which has a great downward pressure on the market price in the short term. In order to reduce the inventory level and collect funds, some enterprises began to sell goods at a reduced price.

 

Market outlook

The Spring Festival stock up of downstream enterprises is coming to an end, and the future market demand is more pessimistic. It is expected that the price of lithium carbonate will remain low in the short term.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

 

 

 

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