Lithium carbonate prices remain stable

According to data monitoring of business news agency, the price of industrial grade and battery grade lithium carbonate remained stable in July. On July 7, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, which remained stable compared with the beginning of the month (the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton on July 1). On July 7, the average price of battery grade lithium carbonate in East China was 90400 yuan / ton, which remained stable compared with the beginning of the month (the average price of battery grade lithium carbonate in East China was 90400 yuan / ton on July 1). On July 7, the comprehensive quotation of industrial grade lithium carbonate market was around 82000-90000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was around 85000-92000 yuan / ton.

By observing the market changes, the price of lithium carbonate was stable again in July, and the market demand was stable. A few lithium carbonate enterprises slightly increased the price of industrial carbon and electric carbon, but the price of most manufacturers remained stable. In the second half of the year, the domestic market demand for lithium ore may continue to rise, coupled with the limited overseas supply, which makes the domestic spodumene concentrate will continue to be destocked. At present, there is a slight oversupply in the market, so the price remains stable.

The domestic industrial grade lithium hydroxide Market in the lower reaches runs stably at a high level. At present, the spot supply side of the market continues to be tight. The demand in the lower reaches grows steadily, and the market offer is firm. In terms of LiFePO4, the market is mainly stable, LiFePO4 is arranged in a narrow range, the price has no obvious fluctuation, the downstream just needs to purchase, and the negotiation atmosphere is flat.

On July 6, the lithium carbonate commodity index was 220.64, unchanged from yesterday, down 45.53% from 405.10 (2018-01-07), the highest point in the cycle, and up 123.91% from 98.54, the lowest point on October 16, 2014( Note: period refers to the period from September 1, 2011 to now

According to the lithium carbonate analysts of business news agency, at present, the market demand for lithium carbonate is stable. Although the upward trend of price is still in progress, due to the increase of lithium carbonate production, the market is oversupplied and the profit margin is further compressed. It is expected that the short-term price of lithium carbonate will still be favorable.

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