According to the price monitoring of the business community, the market price of lithium carbonate in East China has maintained a stable trend in April 2021. As of April 28, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, which was 0.46% lower than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton on April 1). On April 28, the average price of battery grade lithium carbonate in East China was 90000 yuan / ton, which was 0.66% lower than the average price at the beginning of April (the average price of carbon in East China was 90600 yuan / ton). Until the 28th, the comprehensive price of industrial grade lithium carbonate was in the range of 80000-90000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was in the range of 8500-92000 yuan / ton.

From the observation of market changes, the price of lithium carbonate slightly increased in early April, but the range of change was relatively small, and the quoted prices of most enterprises were basically flat. After a small amount of exploration, the price has been in a stable state, and the stable price has continued until the middle and late April. From the market point of view, lithium carbonate supply enterprises are more willing to support the price, and the price is still stable when the demand is relatively weak. In addition, domestic lithium carbonate will continue to increase from March to may, and the situation of short supply has been significantly improved, so it is difficult to see a sharp rise in price.

Towards the end of April, the price of lithium carbonate began to loosen, and some enterprises had a slight downward trend, but most enterprises still maintained a stable state. At present, the inventory of lithium carbonate enterprises remains stable, and the situation that the downstream market is in short supply has been alleviated. The upstream lithium resources are in a tense state, but it seems that it has no impact on the recent lithium carbonate price.

The price of downstream lithium hydroxide rose in April. The price rise was due to the tight market supply, steady demand, strong offer of goods holders, and hard to find low price goods in the market. In terms of LiFePO4, the overall growth rate was 4.17% in April, with an increase of 2000 yuan / ton. The development trend of new electric vehicles is becoming increasingly apparent. Marine vehicles are developing rapidly, and there is a huge development space in the field of standby power storage. It can be seen that the market position of LiFePO4 will be further improved in the future.

According to the lithium carbonate analysts of business news agency, at present, the price of lithium carbonate has returned to the state of stable consolidation, and the production increment of lithium carbonate has also eased the tension between supply and demand in the early stage. The market is basically in the state of just purchasing. It is expected that the price of lithium carbonate may be in a weak consolidation state in the short term.