SMM July 1st Lithium manganate spot comment: today, the price of lithium manganate (power type) is 3.3-35500 yuan / ton, the power market order is stable, the price remains unchanged; the price of lithium manganate (capacity type) is 2.1-28000 yuan / ton, the average price is 24500 yuan / ton, the overall order in July increased slightly, and the price remains unchanged for the time being.
The price of lithium carbonate remains unchanged this week, and orders for July have basically been signed recently. Overseas exports are mostly dependent on the Indian market, and Indian exports have been seriously hampered by the epidemic and Sino-Indian relations. The domestic market has recovered slightly, but July and August are off-season, and the market demand is general. Some lithium manganate manufacturers have reduced their production capacity and are expected to wait for September and October to return to normal.
A few small and medium-sized battery factories resumed work one after another in June, optimistic about the market in July, and started purchasing lithium manganate materials in June. However, the actual demand in July was lower than expected, resulting in a slowdown in the delivery speed of lithium manganate manufacturers in the near future.
