According to the data monitoring of SunSirs, the overall price of industrial grade and battery grade lithium carbonate remained stable this week. On April 7, the average price of industrial grade lithium carbonate in East China was 481400 RMB/ton, which remained stable compared with that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 481400 RMB/ton on April 3). On April 7, the average price of battery grade lithium carbonate in East China was 505600 RMB/ton, which remained stable compared with that at the beginning of the week (the average price of battery grade lithium carbonate in East China was 505600 RMB/ton on April 3). As of April 7, the comprehensive quotation of industrial grade lithium carbonate market is around 445000 ~ 487000 RMB/ton, and the comprehensive quotation of battery grade lithium carbonate market is around 490000 ~ 518000 RMB/ton.
According to the observation of market changes, the price of lithium carbonate has returned to stability after the Qingming Festival. At present, the operating rate of mineral enterprises has gradually recovered, the temperature in Qinghai has picked up, the output has gradually increased, and the market supply has increased. In the demand side market, the orders of the downstream ternary end were affected to some extent by the fluctuation of nickel price, and the orders of cathode materials also weakened slightly in April. In terms of iron and lithium, due to the suspension of some terminal models and the high inventory of battery factories, orders have been affected, and the procurement demand of the material end in the overall market is relatively light.
The downstream lithium hydroxide market remained stable, and the overall supply was low because the manufacturer's maintenance had not been fully restored. Impacted by the nickel incident, the orders of some ternary material manufacturers in April were affected, and the demand for preparation for mining decreased slightly. There were few transactions in the market and a few shipments from some traders, which eased the tension slightly.
The price of lithium iron phosphate in the downstream operates stably, the supply of manufacturers is tight, the focus of negotiation is general, the overall market negotiation atmosphere is OK, the focus of the upstream market is relatively high, the rise slows down, the cost pressure of lithium iron phosphate market still exists, and the overall market is under pressure.
The lithium carbonate analyst of SunSirs believes that at present, the downstream has low acceptance of high price lithium carbonate and less market trading volume, but the quotation enterprises still maintain strong prices and strong upstream and downstream game sentiment. It is expected that the short-term lithium carbonate price may be weak and subject to shock adjustment.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.