SSMM Analysis of Lithium Salt Fundamentals after Lithium Carbonate and Lithium Hydroxide Prices Lost Another 3,000 yuan/mt

Telah Terbit: Apr 20, 2022 16:26

Sumber: SMM

Simpan

SHANGHAI, Apr 20 (SMM) - According to the SMM data, the average spot price of domestic battery-grade lithium carbonate continued to decline after falling below the 490,000 yuan/mt mark yesterday, and fell by 3,000 yuan/mt to 485,500 yuan/mt today. As of today, the average spot price of domestic battery-grade lithium carbonate has dropped by 8,500 yuan/mt in just three days.
The price of domestic battery-grade lithium hydroxide also fell along with lithium carbonate, down by 3,000 yuan/mt to 484,500 yuan/mt today. The price difference between lithium carbonate and lithium hydroxide has narrowed to 1,000 yuan/mt.

The price of spodumene concentrate (6%, CIF China) is opposite to the performance of lithium carbonate and lithium hydroxide. Since April 1, the price of spodumene concentrate been moving all the way up, and the average price gained another $50/mt to $3,355/mt today.

Prices of lithium hexafluorophosphate is also not immune to the fate of falling amid growing supply. According to the SMM data, the average spot price of lithium hexafluorophosphate fell by 12,000 yuan/mt today to 450,500 yuan/mt, losing 24.79% from the high seen on March 9.

SMM data showed China’s lithium carbonate output stood at 26,178 mt in March, up 41% MoM and 42% YoY. Some leading smelters resumed production after maintenance and their output has returned to the full level seen before maintenance at the end of 2021. Some smelters saw their output climb after equipment upgrading or release of new capacity. Output in Qinghai also rose as weather warmed up.

Entering April, smelters will encounter problems such as ore shortages and hindered imports under the impact of the pandemic. Some smelters will undergo shakedown tests on their new production lines. Despite release of new capacity, overall supply may increase only slightly. The domestic lithium carbonate output is estimated at 26,784 mt in April, up 2% MoM.

On the demand side, car and battery production has been impacted under the influence of the pandemic. Downstream buyers will not accept high LFP and LCO prices amid off-season in digital market. LFP plants report high inventory and falling orders. As such, lithium carbonate demand from many cathode material plants declined this month. Demand for low and high-nickel NMC material also dropped slightly under the influence of extreme nickel prices. It is expected that the overall demand for battery-grade lithium carbonate will fall 4% in April.

Spot Market Market

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn

Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn

Berita Terkait

1 menit yang lalu

Ecora’s Voisey’s Bay Cobalt Entitlement Rises 90% YoY in H1 as Underground Mine Ramp-Up Nears Completion

Baca Selengkapnya

Ecora’s Voisey’s Bay Cobalt Entitlement Rises 90% YoY in H1 as Underground Mine Ramp-Up Nears Completion

According to Ecora Royalties’ 2026 interim results released on September 2, the company received 266 tonnes of cobalt through its Voisey’s Bay cobalt stream in the first half of the year, up about 90% from 140 tonnes in the same period of 2025. Ecora said the ramp-up of underground mining operations at Voisey’s Bay is now substantially complete. Driven by higher cobalt volumes and stronger prices, the project’s portfolio contribution after stream costs rose to US$13.5 million in the first half, up 230% year on year, while the average realized cobalt price increased to US$28.4/lb from US$16.5/lb a year earlier. Meanwhile, Vale Base Metals is studying an expansion of the Voisey’s Bay concentrator’s processing capacity from around 2.8 million tonnes per year to 3.8 million tonnes per year. The related pre-feasibility study remains underway, with a final investment decision targeted around 2028. The project also plans both underground and surface drilling in 2026 to optimize the mine plan, support resource expansion and potentially extend mine life. Ecora also said planned maintenance is scheduled at the Voisey’s Bay concentrator in the third quarter and at the Long Harbour refinery in the fourth quarter.

1 menit yang lalu

16 jam yang lalu

Tinjauan Harian SMM: Harga Spot Litium Karbonat Melemah pada 2 September

Baca Selengkapnya

Tinjauan Harian SMM: Harga Spot Litium Karbonat Melemah pada 2 September

Hari ini, harga spot baterai lithium karbonat SMM bergerak lebih rendah dibandingkan hari perdagangan sebelumnya. Kontrak lithium karbonat 2701 dibuka lebih rendah di 157.000 yuan/mt hari ini, kemudian berfluktuasi melemah setelah pembukaan. Pada sesi pagi, diperdagangkan lemah di kisaran 156.000-157.000 yuan, dengan tertinggi intraday 157.800 yuan/mt. Menjelang tengah hari, harga turun cepat ke 153.200 yuan/mt, mencapai titik terendah intraday baru. Sekitar tengah hari, harga bergerak naik turun berulang kali di kisaran 154.000-156.000 yuan. Pada sesi sore, pembeli sempat mendorong harga naik tetapi gagal menembus garis harga rata-rata. Harga melemah lagi di akhir perdagangan, akhirnya ditutup turun 3,2% di 154.800 yuan/mt, dengan open interest turun 9.123 lot. Di pasar spot, pembeli hilir melakukan pembelian saat harga turun sesuai kebutuhan. Pada level 155.000 yuan/mt ke bawah, minat beli pesanan spot dari hilir terus pulih. Di sisi pasokan, seiring harga yang bergerak lebih rendah, minat menjual pesanan spot tetap lemah, dengan beberapa pabrik kimia lithium menahan harga dan menahan penjualan. Secara keseluruhan, permintaan pasar dan transaksi aktual relatif aktif.

16 jam yang lalu

17 jam yang lalu

Analisis produksi litium sulfida kelas baterai Agustus: Akankah kuartal IV melonjak? [Analisis SMM]

Baca Selengkapnya

Analisis produksi litium sulfida kelas baterai Agustus: Akankah kuartal IV melonjak? [Analisis SMM]

[SMM Analisis: Analisis Produksi Litium Sulfida Baterai Agustus: Akankah Kuartal IV Melonjak?] Pada Agustus, produksi litium sulfida Tiongkok mencapai 7,79 metrik ton, naik 3,6% MoM dan naik 143% YoY. Akankah produksi litium sulfida melonjak pada kuartal IV? Berdasarkan permintaan hilir, saat ini hal tersebut relatif tidak mungkin terjadi, tetapi ekspansi volume secara moderat akan terus berlanjut. Produksi bulanan rata-rata diperkirakan mencapai kisaran 9-10 metrik ton, sedikit meningkat dari kuartal III alih-alih melonjak secara eksplosif.

17 jam yang lalu

Berita Terkait

Ecora’s Voisey’s Bay Cobalt Entitlement Rises 90% YoY in H1 as Underground Mine Ramp-Up Nears Completion

Sep 03, 2026 10:05

Tinjauan Harian SMM: Harga Spot Litium Karbonat Melemah pada 2 September

Sep 02, 2026 17:53

Analisis produksi litium sulfida kelas baterai Agustus: Akankah kuartal IV melonjak? [Analisis SMM]

Sep 02, 2026 16:46

[SMM Kilat] Albemarle Selesaikan Lelang Konsentrat Spodumene Wodgina pada US$2.307/dmt CIF Tiongkok

Sep 02, 2026 15:08