According to the monitoring data of business agency, the price of industrial and battery grade lithium carbonate continued to rise steadily this week. On June 23, the average price of industrial lithium carbonate in East China was 460000 yuan / ton, an increase of 0.66% compared with the average price at the beginning of the week (on June 19, the average price of industrial lithium carbonate in East China was 457000 yuan / ton). On June 23, the average price of battery grade lithium carbonate in East China was 478000 yuan / ton, an increase of 0.63% compared with the average price at the beginning of the week (on June 19, the average price of battery grade lithium carbonate in East China was 475000 yuan / ton).

According to the observation of market changes, the price of lithium carbonate still increased this week. At present, the production performance of upstream manufacturers is stable, and the market is more active in lithium carbonate inquiry, but there are few zero order transactions, mainly for just in need purchase. With the optimistic market recovery after the outbreak, the lithium carbonate market is very expensive.

The price of downstream lithium hydroxide is stable, the price of upstream spodumene is high, and the price of upstream lithium carbonate is rising steadily, which supports the price support mentality of manufacturers. The supply side is mainly stable, the downstream procurement demand is average, the inventory is mainly digested, the market transaction is flat, and the domestic industrial lithium hydroxide market price is stable.

The price of lithium iron phosphate in the downstream is running smoothly. At present, the supply of the manufacturer is still tight, and the supply is obviously insufficient. The contract customers are mainly responsible for arranging orders and delivering goods, and the number of new orders is limited. The overall market negotiation atmosphere is acceptable, and the price remains high. The price in the upstream is still high, and the price continues to rise. The cost pressure of lithium iron phosphate remains.

According to the lithium carbonate analysts of business club, due to the high price of lithium carbonate, the willingness of the downstream market to receive goods is not strong, and the overall market has strong game sentiment. They mostly take a wait-and-see attitude. It is expected that the short-term price of lithium carbonate will be temporarily stable.