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company news about The price of lithium carbonate soared all the way in January, and the rising momentum was strong

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The price of lithium carbonate soared all the way in January, and the rising momentum was strong
Latest company news about The price of lithium carbonate soared all the way in January, and the rising momentum was strong

 

According to the price monitoring, the overall price of lithium carbonate in East China rose rapidly in January 2021, and the price increase rate increased significantly until the end of the month. As of January 27, the average price of industrial grade lithium carbonate in East China was 67800 Yuan / ton, which was 35.6% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 50000 Yuan / ton on January 1). On January 27, the average price of battery grade lithium carbonate in East China was 71800 Yuan / ton, up 31.5% compared with the average price at the beginning of the month (54600 Yuan / ton in East China on January 1). As of the 27th, the comprehensive price of industrial grade lithium carbonate was in the range of 65000-71000 Yuan / ton, and the comprehensive price of battery grade lithium carbonate was in the range of 68000-76000 Yuan / ton.

 

From the observation of market changes, after the New Year’s Day holiday this month, the prices of industrial grade and battery grade lithium carbonate continued to rise, and the market as a whole was bullish. With the approaching of the Spring Festival holiday, the downstream purchasing intention is strengthened, and the demand for replenishment continues. At present, the market transaction price presents the situation of high and low, and the purchase price gap of various types of material factories is relatively large. By the end of the month, lithium carbonate enterprises were basically in short supply and out of stock, and their inventory was less than 1 million tons.

 

The rising price of lithium carbonate is partly affected by the continuous increase of the downstream market. The increasing demand for lithium carbonate in the lithium battery industry also leads to the tight supply structure, which may continue. In addition, in the first quarter, large factories began to repair and under the guidance of bullish sentiment, some downstream enterprises also appeared the phenomenon of excessive procurement. Under the influence of logistics and transportation outage, the short-term price of lithium carbonate still has room to rise.

 

The price of lithium hydroxide in the downstream has recovered and risen. The low-cost products in the market have been basically cleared. The supply and demand structure has gradually improved. The superimposed ore price has risen. The cost support and the price of lithium carbonate have risen, driving the price of lithium hydroxide to rise. As for the lithium iron phosphate power market, due to the rising price of lithium carbonate and higher downstream demand, most lithium iron enterprises are facing tight shipment. The downstream battery enterprises have low acceptance of the increase, the price of iron lithium enterprises is relatively strong, and the zero order transaction in the market is not high.

 

According to lithium carbonate analysts, at present, the inventory of lithium carbonate market is relatively low, and some enterprises are in the state of no stock pre-sale. With the increase of downstream operation rate after the year, the market demand will continue to increase, and it is expected that the price of lithium carbonate will continue to rise in the future.

Pub Time : 2021-01-29 11:35:46 >> News list
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