1、 Price trend of lithium carbonate:
(Figure: P value curve of lithium carbonate product)
2、 Market analysis:
Product: according to the data of the business club’s bulk list, the market of lithium carbonate is in a weak position in the near future. According to the price monitoring of the business agency, the average price of industrial grade lithium carbonate in East China on May 20 was 41200 yuan / ton, down 1.90% compared with April 20 and 7.21% compared with January 1; the average price of battery grade lithium carbonate in East China on May 20 was 45200 yuan / ton, down 3.21% compared with April 20 and 11.37% compared with January 1. At present, the mainstream price of industrial lithium carbonate market is around 38000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 42000-48000 yuan / ton.
Industry chain: according to the data in the large list of business agencies, the price of lithium hydroxide in the downstream market has been lowered recently (5.11-5.19). By the end of 19 days, the average price of domestic industrial grade lithium hydroxide enterprises was 55666.67 yuan / ton, down 2.34% compared with May 1, with a half year cycle, down 17.73% year on year.
Industry: according to the price monitoring of the business agency, there are 21 kinds of commodities in the rise and fall list of bulk commodity prices on May 19, 2020, among which there are 2 kinds of commodities with an increase rate of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are hydrogen peroxide (7.11%), isopropanol (5.17%) and R22 (4.49%). There are 13 kinds of commodities falling on a month on month basis, and the top three products are light soda (- 3.75%), formic acid (- 2.42%) and phosphate rock (- 1.67%). The average price of this day is 0.36%.
3、 Future forecast:
According to analysts of lithium carbonate of business club, the current downstream demand is weak, the market turnover is limited, and the price is slightly lower. It is expected that the price of lithium carbonate will be adjusted at a low level in the short term.