According to the data of business agency, the overall price trend of lithium carbonate began to increase slightly on November 12, with an increase range of 500-4000 yuan / ton. On November 12, the average price of industrial lithium carbonate in East China was 39900 yuan / ton, which was 1.01% higher than that of the early Zhou Dynasty (on November 9, the average price of industrial lithium carbonate in East China was 39500 yuan / ton). On November 12, the average price of battery grade lithium carbonate in East China was 44500 yuan / ton, which was 0.68% higher than that of the early week (on November 9, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton).
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According to the observation of market changes, the price of lithium carbonate is on the upward trend today, and the price of industrial lithium carbonate and battery grade lithium carbonate have been increased by different ranges. In recent years, lithium carbonate price has been in a relatively rising range. With the increasing tightening of shipment, the price is also rising. The supply and demand structure is expected to improve with the continuous development of lithium industry.
In recent days, the trend of lithium battery concept stocks is strong. With the gradual recovery of new energy vehicle sales, the trend of lithium battery market is also positive. Driven by favorable factors such as policy and market, the power battery industry ushered in the development opportunity period. This also drives the demand for lithium carbonate to rise, and the increase of production cost makes the price rising. On December 12, the comprehensive quotation price of industrial lithium carbonate market was 36000-43000 yuan / ton, and the comprehensive price of battery grade lithium carbonate market was near 42000-46000 yuan / ton.
According to the price monitoring of business society, there are 23 commodities rising on the list of commodity prices on November 11, 2020, of which more than 5% of the commodities increased by 2, accounting for 2.2% of the monitored commodities in the market; the commodities with the top 3 increase are bisphenol A (7.64%), phenol (5.31%), butadiene (3.73%). There are 5 commodities falling on the same month, the first three products are baking soda (-3.05%), liquid ammonia (-1.63%), light soda (-0.89%).
Analysts of lithium carbonate in business agency believe that the price of lithium carbonate market is rising continuously and the market delivery is tight. Driven by the increase of demand and cost, it is expected that the lithium carbonate market will still be in a positive situation in the short term.
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