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SMM July 9 Lithium manganate spot Express: lithium Carbonate prices need to wait and see India begins customs clearance and export recovery still takes time
Jul 9,2020 17:56CST
translation
Source:SMM
SMM July 9 Lithium manganate spot Express: today's Lithium manganate (power type) price is 3.3-35500 yuan / ton, the power market orders are less, the price remains unchanged; The price of lithium manganate (capacity type) is 2.1-28000 yuan / ton, with an average price of 24500 yuan / ton. this week, the price of lithium carbonate increased slightly, and the downstream demand increased only slightly. Lithium manganate enterprises are still waiting to see the price of raw materials. If the price of industrial carbon keeps rising by about 2000 yuan / ton, the price of lithium manganate has room to rise.
The content below was translated by Tencent automatically for reference.

SMM July 9: today, the price of lithium manganate (power type) is 3.3-35500 yuan / ton, the power market order is less, the price remains the same; the price of lithium manganate (capacity type) is 2.1-28000 yuan / ton, the average price is 24500 yuan / ton, the order in July increases slightly, the price remains unchanged for the time being.

The price of lithium carbonate has increased slightly this week, mainly due to the rise in the price of a large lithium salt factory and only a slight increase in downstream demand. Lithium manganate enterprises are still waiting to see the price of raw materials. If the price of industrial carbon keeps rising by about 2000 yuan / ton, there is room for the price of lithium manganate to rise.

Downstream market, domestic 18650 battery orders are good, many small factories are basically full production, mainly used in the domestic electric two-wheeler and power tools market. India, a major overseas exporter, began customs clearance of Chinese goods on July 1. The Indian market still has a high demand for lithium batteries. At present, priority is given to medical drugs and other customs clearance of goods, and it will take time for Indian exports to resume.

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