The price of lithium carbonate is relatively stable, but the market is still cold

1、 Price trend of lithium carbonate:

 

(Figure: P value curve of lithium carbonate product)

 

2、 Market analysis:

 

The price of lithium carbonate is relatively stable this week. However, the market transaction situation is still relatively cold. At present, some enterprises still slightly reduce the price of electricity carbon, which makes the price difference between high and low range of electricity carbon further narrow. According to the data of the business club’s bulk list, the average price of industrial grade lithium carbonate in East China on June 19 was 39900 yuan / ton, which was the same as that at the beginning of the week, 3.16% lower than that on May 19; the average price of battery grade lithium carbonate in East China on June 19 was 44200 yuan / ton, 0.23% lower than that at the beginning of the week, and 2.21% lower than that on May 19. On the 19th, the mainstream price of industrial lithium carbonate market was around 36000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market was around 40000-48000 yuan / ton.

 

But this week, due to the recovery of market demand for lithium iron phosphate, and the low operating rate of ternary materials, it is more difficult to trade electric carbon than industrial carbon, which leads to a slight downward exploration of electric carbon price. According to the current market development, the downstream terminal is still pricing down, and the downstream purchasing enterprises intend to transmit the cost pressure to the upstream, which makes the price of lithium carbonate still under pressure.

 

Thiourea

According to the price monitoring of the business agency, on June 18, 2020, there are 15 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector. The top three commodities are respectively white carbon black (3.01%), light soda ash (2.67%) and propane (2.65%). There are 12 kinds of commodities falling on a month on month basis, and the top three products were butanone (- 2.34%), crude benzene (- 2.31%) and acetic anhydride (- 1.85%). The average price of this day is 0.08%.

 

3、 Future forecast:

 

According to analysts of lithium carbonate of business association, at present, the market inventory is relatively high, the spot transaction situation is weak, and the impact of imported lithium carbonate on the domestic market, it is expected that the market price of lithium carbonate will continue to be under pressure in the short term.

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