According to the monitoring data of lithium carbonate in the business community, the price of lithium carbonate continued to fall this week (8.13-8.17). This week’s industrial grade lithium carbonate is quoted at around 76,000-92,000 yuan / ton, down -5.7% compared with the beginning of the week. Battery-grade lithium carbonate is quoted at around 9,000-1,100 yuan/ton, down by -2.44% from the beginning of the week. The specific price is a single talk.

Since 2018, the price of lithium carbonate has shown a downward trend, and the reason for the continued downward price cuts: First, it is affected by the downstream demand. This year, the overall power battery market is tired, battery companies are not motivated to produce, and the cathode material plant has reduced production accordingly, resulting in a decline in demand for lithium carbonate. As the ternary battery develops toward high nickel, the demand for lithium carbonate also has a certain impact. The second upstream lithium mine capacity began to be released centrally, and the supply exceeded demand. At the same time, the price of lithium carbonate in the small factory hit the market cheaply, resulting in a decline in the price of lithium carbonate.

At present, the demand for downstream cathode material plants is stable, and the signs of recovery are not obvious. The upstream lithium salt manufacturers are pessimistic, and the shipments are actively stocked. Therefore, each lithium carbonate enterprise is also in a wait-and-see attitude.

According to business analysts, the downstream demand for lithium carbonate is still showing no signs of improvement. The mainstream market price is still falling, and next week it will continue to fluctuate at a low level.