According to the price monitoring of the business agency, the price of lithium carbonate in the East China market showed a downward trend in September, and the prices of industrial carbon and electric carbon decreased to varying degrees. As of September 27, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which was 500 yuan / ton lower than the average price at the beginning of the month (the average price of industrial carbon in East China was 40000 yuan / ton on September 1), a decrease of 1.25%. On September 27, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which was 700 yuan / ton lower than the average price at the beginning of the month (the average price of carbon in East China was 44900 yuan / ton) at the beginning of the month, a decrease of 1.56%.
According to the observation of market changes, the market price of lithium carbonate in September was in the trend of first falling and then rising. In the first ten days, the quotation price of a small number of enterprises has been slightly lowered, which is 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 basically maintain relatively stable prices. With the arrival of the late ten days, the inventory of lithium carbonate is becoming more and more tight. As the low-cost source of goods has gradually begun to decrease, the enterprises with low quotation in the early stage began to raise the price of lithium carbonate. However, due to the lower prices in the earlier period, the overall price trend in September was relatively low.
In the early stage of this month, some large lithium salt factories have been in full production, and their production capacity may fall short of demand. However, the market share of battery grade lithium carbonate is relatively high, and the demand for downstream ternary materials recovers slowly. The pressure of terminal cost reduction will continue to transmit to the upstream, and the pace of price increase of battery grade lithium carbonate is still under pressure. In the later stage, the industrial grade lithium carbonate inventory situation became tight, and the downstream purchase from large factories was in short supply, and the price rebounded accordingly.
The prices of the downstream lithium hydroxide Market and lithium iron phosphate Market are still in a stable situation, and the market supply has been at a high level. Due to the large increase in demand in the third quarter, the demand side may enter the state of de stocking in the fourth quarter. This month, the comprehensive price of industrial grade lithium carbonate is in the range of 33500-42000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 39000 yuan / ton and 45000 yuan / ton.
According to the lithium carbonate analysts of the business club, although lithium carbonate seems to be in a good state at present, there are not many enterprises that have raised their prices. Most of them are still in stable operation, and the high trading volume has not yet constituted the mainstream. It is expected that the future lithium carbonate price is still in the state of interval price fluctuation.