According to the data monitoring of business agency, the price of industrial grade and battery grade lithium carbonate continued to decline this week. On May 12, the average price of industrial grade lithium carbonate in East China was 451000 yuan / ton, a decrease of 2.17% compared with the average price at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 461000 yuan / ton on May 8). On May 12, the average price of battery grade lithium carbonate in East China was 468000 yuan / ton, down 1.68% from the average price at the beginning of the week (the average price of battery grade lithium carbonate in East China was 476000 yuan / ton on May 8).

According to the observation of market changes, the price of lithium carbonate continued to decline this week. In terms of supply, the market supply rose steadily. With the gradual decline of the impact of epidemic control on production, some new production capacity is still being released, and the output of salt lake continues to rise. In terms of demand, affected by the epidemic, the commencement of downstream enterprises is still poor, and the market demand is still in a wait-and-see state. However, at the beginning of the month, some enterprises still have the willingness to purchase. There are more market inquiries, but relatively few transactions.

The downstream lithium hydroxide Market is stable. Recently, the upstream spodumene price is strong, and there is some support on the cost side. However, the price of lithium carbonate is still reduced, so the market wait-and-see mentality is strengthened. The foreign lithium hydroxide market price is relatively strong, the domestic downstream procurement enthusiasm is general, the market trading atmosphere is light, and the negotiation focus of lithium hydroxide market runs smoothly.

The price of lithium iron phosphate in the downstream remained stable, the supply of manufacturers was tight, the focus of negotiation was general, the overall market negotiation atmosphere was acceptable, the focus of the upstream market was high, the rise slowed down, the cost pressure of lithium iron phosphate market remained, and the overall market was under pressure.

Lithium carbonate analysts of business society believe that at present, with the gradual decline of the impact of epidemic control on production, the total supply of the industry is up month on month. The start-up of the downstream market is also gradually recovering, the market procurement atmosphere may be improved, the market trading atmosphere will be improved, and the short-term lithium carbonate price is expected to continue to fluctuate.