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SMM April 30 Lithium manganate spot Express: downstream customer order reduction Lithium Manganese Price continues to be under pressure

iconApr 30, 2020 16:25
Source:SMM

SMM, April 30: lithium manganate (power type) price today is 3.4-36000 yuan / ton, the average price is 35000 yuan / ton, the price is unchanged; lithium manganate (volume type) price is 215,300 yuan / ton, the price is unchanged.

Recently, affected by the overseas epidemic, the export of lithium manganate batteries and terminal consumer goods has been blocked, and downstream orders have been reduced by 30%-40%. Although there is an increment of electric bicycles in the domestic market, the demand for lithium manganate batteries is not as good as expected due to the impact of iron lithium batteries and ternary batteries. The price of lithium carbonate in the upstream has dropped slightly. Although the price of lithium manganate has reached the bottom at present, the price of lithium manganate is serious in downstream battery factories. In addition, there are more lithium manganate enterprises, the difference in quality is small, the market competition is fierce, and the price of lithium manganate continues to bear pressure.

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