Home / News/ / Lithium carbonate market price stopped falling sharply, demand still need time to cash in
Lithium carbonate market price stopped falling sharply, demand still need time to cash in
Release Time: 2023.05.15 Views:178times

Per AI Express, since the end of April, the market price of lithium carbonate out of the "high cut" haze, ushered in a sharp rise in the market, industrial grade, battery grade lithium carbonate latest market average price of 235,000 yuan / ton, 247,500 yuan / ton, compared to last month's low point in the year rose by more than 70%, 35%. "Recently, I can feel a slight change in market sentiment, a lot of people ask for orders every day, but the transaction is still not particularly ideal, the overall price is not marketable." Central China, a lithium salt plant insiders told the Securities Times - e reporter, "but we have a relatively large loss surface in the early days, and now there is no hurry to ship, new customers of small purchases for the time being do not receive." Price increases have inspired the lithium salt factory price, pity sales sentiment, the supply side of the flow to the market sources become less, to push prices further upward. However, in the view of most interviewees, the current round of lithium carbonate rose mostly for the emotional impetus, although the short-term trend is strong, but the current demand side has not fully recovered, it is difficult to form an effective support for the current rise. As for when prices really stabilize, the need to wait for the emotional side and the demand side ushered in a double repair, ultimately depending on the downstream vehicle sales seasonally stronger expected to materialize, as well as the pre-existing high-priced inventory clearance situation. (Securities Times)


(Article source: Daily Economic News)