Price trend
On April 25, the price of industrial-grade lithium carbonate was 468,000 RMB/ton, and the price of battery-grade lithium carbonate was 485,000 RMB/ton.
Analysis review
At the beginning of the week, the price of lithium carbonate continued to fall. The supply-side lithium salt manufacturers produced stable production and the output increased steadily. In addition, the import volume of lithium carbonate continued to increase, which made the market supply competition increase. However, the demand side was affected by the domestic epidemic, the start-up situation was not optimistic, and the acceptance of high-priced lithium salts was low, and the demand slump continued.
Market outlook
At present, the downstream market demand is weak, which puts pressure on the price of lithium carbonate. It is expected that the price of lithium carbonate will continue to fluctuate and decline in the short term.
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