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SMM May 7th Lithium manganate spot Express: overseas epidemic continues to affect some battery factories to switch to the e-cigarette market
May 7,2020 10:04CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 7 spot review of lithium manganate: today's lithium manganate (power type) price 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.

Terminal consumer goods are affected by the overseas epidemic, exports of Southeast Asian products such as mobile power, mobile phones, electric bicycles have been greatly reduced, while exports from Europe and the United States are relatively good. Some supermarkets have slightly increased their purchases of power tools and mobile power supplies, but overall, lithium manganate production fell in April, which was seriously affected by downstream overseas orders. Some domestic mobile power battery factories, which are greatly influenced by overseas markets, have stopped purchasing lithium manganate materials and turned to soft-packaged lithium cobalt batteries for e-cigarette products. There are also individual consumer battery factories are bullish on lithium manganate materials in the future and have recently begun to increase inventories.

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