According to the data monitoring of business agency: after the May Day holiday, the price of industrial grade and battery grade lithium carbonate still fell. On May 6, the average price of industrial grade lithium carbonate in East China was 461000 yuan / ton, which was 0.65% lower than that at the beginning of the week (the average price of industrial grade lithium carbonate in East China was 464000 yuan / ton on May 1). On May 6, the average price of battery grade lithium carbonate in East China was 476000 yuan / ton, which was 0.83% lower than that at the beginning of the week (the average price of battery grade lithium carbonate in East China was 480000 yuan / ton on May 1).

According to the observation of market changes, the price of lithium carbonate still goes down slightly after the May Day holiday. In terms of supply, most large manufacturers still focus on long-term order delivery and less zero orders. Recently, due to the pressure of capital and shipment, some lithium salt manufacturers in the market have low transaction price and strong willingness to ship. In terms of demand, the downstream is still weak, and the price of raw materials fluctuates strongly, resulting in poor willingness to receive goods and a strong wait-and-see state in the market.

The price of lithium hydroxide in the downstream runs smoothly. With the reduction of the price of lithium carbonate, it drags the market mentality. The purchasing atmosphere of lithium hydroxide abroad is active and the market is strong. Domestic downstream demand is reduced, purchasing enthusiasm is weakened, and the wait-and-see mentality is strong.

The price of lithium iron phosphate in the downstream remained stable. Under the influence of the epidemic, the current spot demand in the terminal fell, the industrial inventory level was high, and the downward price of raw materials led to the low willingness of the downstream to receive goods, and the price of lithium iron was under pressure. The market inquiry has warmed up slightly, but the market is still light on the whole.

The lithium carbonate analyst of business society believes that with the end of the holiday, the downstream market may open the idea of reserve mining or a little zero order replenishment, and the transaction activity may be improved. However, at present, the market price continues to decline, resulting in strong wait-and-see sentiment in the market. When the supply exceeds the demand, it is expected that the short-term lithium carbonate price is still weak.