According to the price monitoring of the business agency, the East China market price of lithium carbonate began to show a steady upward trend in November, and the price increase was significantly enhanced by the end of the month. As of November 25, the average price of industrial grade lithium carbonate in East China was 41700 yuan / ton, which was 5.57% higher than that at the beginning of the month (the average price of industrial carbon in East China was 39500 yuan / ton on November 1). On November 25, the average price of battery grade lithium carbonate in East China was 45600 yuan / ton, which was 3.17% higher than the average price at the beginning of the month (November 1: the average price of carbon in East China was 44200 yuan / ton). The comprehensive price of lithium carbonate battery is in the comprehensive price of RMB 85000-80000 tons.

According to the observation of market changes, the trading atmosphere of lithium carbonate market started from the relatively stable state in early November, and the supply of lithium carbonate products in some regions began to be tense, and the final transaction price was mainly based on interviews. Due to the continuous heating of the price game between upstream and downstream enterprises, the price of lithium carbonate began to show an upward trend. Around the middle of November, the rising trend of lithium carbonate price began to appear obviously. The prices of industrial grade lithium carbonate and battery grade lithium carbonate increased by different ranges. With the increasingly tight shipment, the price is also rising, and the supply and demand structure is expected to improve with the continuous development of lithium battery industry.

The rising price of lithium carbonate this month, first of all, was due to the reduction of operating rate in the early stage of the epidemic, which led to the reduction of production capacity. The market mainly consumed inventory. With the reduction of inventory, market demand began to be tense. Then, the demand of electric vehicle market increased year on year, driving the demand for lithium carbonate to increase. Finally, with the gradual cooling of the weather, the lithium production in salt lakes and other places will also have an impact. All the factors are that the supply of goods is reduced, the cost is increased and the demand is increased.

The prices of the downstream lithium hydroxide Market and lithium iron phosphate Market are still in a stable state. The transactions in the lithium hydroxide Market are sporadic, the demand is temporarily stable, the overall market is stable, and the price has no obvious fluctuation. Lithium iron phosphate power market price stable operation, supply and demand balance, the downstream demand is limited, just need procurement, no significant increase, the market is mainly stable, price changes have not changed significantly.

According to the lithium carbonate analysts of the business club, at present, the inventory of lithium carbonate market is in good condition, and the supply and demand are in short supply. The market demand is obviously increased, and the supply and demand are improving gradually. It is expected that the lithium carbonate price in the future market will still have an upward trend, and the positive momentum is obvious.