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SMM May 11th Lithium manganate spot Express: the output of more than 50% enterprises fell by 30% in April. 50% before the festival, a few manufacturers cut prices.
May 11,2020 13:33CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM May 11 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 power market transactions sporadic, the price remains unchanged; The price of lithium manganate (volume type) is 215,300 yuan / ton, there are many types of capacity products, the price range is wide, the price of lithium carbonate drops slightly before the festival, some manufacturers reduce the price, the overall price fluctuates slightly within the range, and the trading volume of the post-festival market is not much.

Affected by the overseas epidemic in April, export orders for consumer terminal goods in Europe, the United States and Southeast Asia were sharply reduced or directly cancelled, and the orders of a number of lithium manganate enterprises were damaged, and the output of more than 50% of enterprises fell 30%-50% in April compared with the previous month. The consumer market in Europe and the United States gradually picked up in May, but given the slow recovery overseas, order demand is not expected to resume until June. In addition, the performance of the domestic electric two-wheeler market is better, but in view of the recent large price decline and the advantage of energy density, many battery factories have increased the proportion of ternary batteries, and the demand for lithium manganate materials has not changed.

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