According to the business agency data monitoring: on September 10, the overall price of lithium carbonate was slightly lower, while the price quoted by enterprises was up and down. On September 10, the average price of industrial grade lithium carbonate in East China was 38900 yuan / ton, which was 2.75% lower than that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 40000 yuan / ton on September 7); the average price of battery grade lithium carbonate in East China on September 10 was 43900 yuan / ton, which was 2.23% lower than that at the beginning of the week (the average price of battery grade lithium carbonate in East China was 44900 yuan / ton on September 7). On the 10th, the mainstream quotation of industrial grade lithium carbonate market was around 35000-40000 yuan / ton, and that of battery grade lithium carbonate was around 40000-45000 yuan / ton.

In recent two days, the quoted prices of a small number of lithium carbonate enterprises have slightly decreased, mainly due to the high price in the early stage, so the price is reduced to attract customer resources, while most other lithium carbonate manufacturers maintain relatively stable prices. At present, lithium carbonate enterprises are starting smoothly, and the overall sentiment in the downstream market is not high. Although there are many inquiries from manufacturers, the transaction price has not fluctuated significantly. In addition, the pressure of terminal cost reduction will continue to be transmitted upstream, and the price rise is still under pressure.

At present, the price of lithium hydroxide in the downstream is still at a low level. Due to the cost pressure of some small and medium-sized manufacturers, the customer resources of large factories are relatively fixed, and the demand has not fluctuated significantly, and the price remains stable. However, the prices of LiFePO4 and ternary materials have not changed, and the downstream battery enterprises have strong bargaining power and seriously depress the price, which makes the price basically unchanged.

According to the price monitoring of business agency, on September 9, 2020, there were 19 kinds of commodities in the chemical industry sector, among which one commodity increased by more than 5%, accounting for 1.1% of the total number of commodities monitored in this plate; the top three commodities were TDI (7.17%), baking soda (4.17%) and acetone (3.45%). There were 7 kinds of commodities that declined on a month on month basis, with lithium carbonate (- 2.00%), potassium sulfate (- 0.93%) and propylene glycol (- 0.82%).

Lithium carbonate analysts of the business club believe that the current large lithium salt plants are close to full production, and the supply may fall short of demand in terms of capacity. However, the downstream material costs are under pressure. When to increase the price still depends on the market situation. It is expected that the price of lithium carbonate may still be in a state of shock adjustment in the short term.