According to the price monitoring of the business agency, the overall price of lithium carbonate in East China showed an upward trend in July, and the prices of industrial carbon and electric carbon increased to varying degrees. As of July 29, the average price of industrial grade lithium carbonate in East China was 39700 yuan / ton, which was 260 yuan / ton higher than that at the beginning of the month (the average price of industrial carbon in East China was 39440 yuan / ton on July 1), up 0.66%. On July 29, the average price of battery grade lithium carbonate in East China was 44900 yuan / ton, which was 700 yuan / ton higher than that at the beginning of the month (the average price of carbon in East China was 44200 yuan / ton), up 1.58%.
According to the observation of market changes, the market price of industrial grade lithium carbonate in the first ten days of July showed a mixed situation of rise and fall, the downstream demand of the market slightly recovered, and the market inquiry increased. Although the industrial carbon price of some enterprises slightly increased, the overall price still slightly declined. With the gradual improvement of the operating rate, the price of industrial carbon began to rise gradually in the middle and late July, and the demand was relatively better. But near the end of the month, the downstream enterprises have a low acceptance of the price increase, so the price returns to stable.
However, in the long run, the bottom of the price has already appeared, the demand for battery grade lithium carbonate is limited, and the demand of purification enterprises is increasing, and the pressure of market supply surplus is still under. For the rise of prices, downstream enterprises are not very receptive, so it has been stable since the end of the last ten days.
The downstream market price of lithium hydroxide remained stable throughout July. At present, large battery grade lithium hydroxide manufacturers have low willingness to reduce prices, high price is firm, spot transactions are sporadic, and low price or with a small amount of material manufacturers purchase a small amount of decline. In the lithium iron phosphate Market, the price of iron and lithium remained unchanged due to the difficulty for downstream battery manufacturers to accept the increase in iron lithium price. Therefore, this will restrain the upward trend of lithium carbonate price. This month, the comprehensive price of industrial grade lithium carbonate is between 35000 yuan / ton and 45000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 45000 yuan / ton and 48000 yuan / ton.
According to the lithium carbonate analysts of the business club, the sharp increase of lithium carbonate import and the increase of domestic industrial carbon production will alleviate the tight situation of subsequent shipment, but the upward space of lithium salt price will be narrowed. In addition, the demand for ternary materials recovered slowly, and lithium carbonate inventory pressure is still under pressure. It is expected that the upward space of lithium carbonate price is still under pressure in the short term.