Lithium carbonate price stabilized temporarily after the festival

According to the business agency data monitoring: on October 16, the overall price of lithium carbonate was stable, and the price of most manufacturers remained stable in the week after the festival. On October 16, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which remained stable compared with the beginning of the week (the average price of industrial grade lithium carbonate in East China on October 12 was 39500 yuan / ton). On October 16, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which remained stable compared with the beginning of the week (the average price of battery grade lithium carbonate in East China on October 12 was 44200 yuan / ton). On the 16th, the mainstream quotation of industrial grade lithium carbonate market was around 35000-40000 yuan / ton, and that of battery grade lithium carbonate was around 40000-45000 yuan / ton.

 

Benzalkonium chloride

From the observation of market changes, the price of lithium carbonate is temporarily stable after the double holiday. Although the price has a slight upward trend in the near future, the quotation of lithium carbonate manufacturers remains unchanged, which may be to increase the shipment volume before the price rises. It is understood that in the near future, the supply of electricity and carbon has been tightened, and the demand for downstream procurement has increased, which may lead to an increase in future prices. However, the output rebounded in October, which eased the shortage of supply. Therefore, it may be difficult for the price of lithium carbonate to rise sharply.

 

At present, the demand increase of lithium iron phosphate and lithium manganate in the downstream is about 10%, and the structure of supply and demand has been improved. In terms of lithium hydroxide, the accumulation of stocks in September was serious, and the cost support price was firm. In the aspect of ternary materials and precursors, the recent market transactions are not high, the prices of raw materials are relatively stable, and the prices of precursors and materials are relatively unchanged.

 

According to the price monitoring of the business agency, on October 15, 2020, there were 17 kinds of commodities in the chemical industry sector with a month on month increase in the price list of bulk commodities. Among them, there were 2 commodities with an increase of more than 5%, accounting for 2.2% of the total number of commodities monitored in the plate. The top three commodities with the increase were ammonium sulfate (6.33%), phenylene (5.26%) and hydrogen peroxide (4.37%). There were 5 kinds of commodities that declined on a month on month basis, with hydrogenated benzene (- 1.53%), maleic anhydride (- 0.76%) and ethylene (- 0.42%).

 

Lithium carbonate analysts of the business club believe that the current power market demand growth is obvious, the output is gradually rising, and the supply tension is gradually easing. It is expected that the lithium carbonate price may be in a good state in the short term, but in the long run, it is difficult for the price to rise.

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