The price of lithium carbonate is slightly higher and will be stable in the short term

According to the business agency data monitoring: on August 19, the price of lithium carbonate was still in a relatively stable situation, and the price of industrial grade lithium carbonate increased slightly. On August 19, the average price of industrial grade lithium carbonate in East China was 40000 yuan / ton, which was 0.25% higher than that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 39900 yuan / ton on August 17), and the average price of battery grade lithium carbonate in East China on August 19 was 44900 yuan / ton, which was the same as that at the beginning of the week (the average price of battery grade lithium carbonate in East China on August 17 was 44900 yuan / ton). On the 19th, the comprehensive market quotation of industrial grade lithium carbonate was around 35000-45000 yuan / ton, and that of battery grade lithium carbonate was around 40000-48000 yuan / ton.

 

Gamma Polyglutamic Acid

Recently, the atmosphere of inquiry in the lithium carbonate market is relatively strong. As the large lithium salt manufacturers in Jiangxi and Qinghai are in good condition and the prices remain stable, some enterprises try to raise the price of lithium carbonate slightly to test the market acceptance. With the increase of the quoted price, the demand enterprises are still on the wait-and-see situation for the time being, and the game between the two sides is the main one. It is afraid that the end of the month will be a purchasing concentration period.

 

At present, the downstream demand for lithium iron phosphate and ternary materials has gradually recovered, with obvious increase, and the demand for shipment has improved. In addition, the operating rate of some spodumene lithium extraction smelting enterprises has decreased, which may lead to a relative decrease in the spot market of electric carbon, and some electric carbon enterprises have a tight shipment situation. Whether the future price will rise still depends on the market demand.

 

According to the price monitoring of business agency, on August 18, 2020, there were 12 kinds of commodities in the list of commodity price rise and fall, including 3 commodities with an increase of more than 5%, accounting for 3.3% of the total number of commodities monitored in the plate; the top three commodities were TDI (10.53%), butadiene (5.85%) and sulfur (5.61%). There were 8 kinds of commodities that declined on a month on month basis. The top three products were hydrochloric acid (- 1.49%), ethylene (- 1.35%) and styrene (- 0.95%).

 

Lithium carbonate analysts of the business club believe that at present, the turnover of lithium carbonate market is gradually active, the product inventory is gradually declining, and the market demand is rising. In addition, centralized procurement may be expected at the end of the month, and the price of lithium carbonate is expected to be in a state of shock and stability in the short term.

http://www.gammapolyglutamicacid.com

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