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

Published: Jul 9, 2020 17:56
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.

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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
17 hours ago
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Read More
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State
17 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
17 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Read More
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.
17 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
17 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
Read More
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.
17 hours ago
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 - Shanghai Metals Market (SMM)