Weekly lithium carbonate price review

Published: May 24, 2024 10:50
Source: SMM
Lithium carbonate prices overall maintained a slight downward trend this week.

Lithium carbonate prices overall maintained a slight downward trend this week. On the supply side, some small and medium-sized lithium salt plants in Jiangxi have slightly reduced production due to environmental inspections. However, as the output of spodumene and Qinghai Salt Lake is still relatively stable this week, the national lithium carbonate output this week remains relatively stable. Stablize. In terms of price, upstream lithium salt companies currently still hold a price-promoting attitude towards the sale and quotation of bulk orders. However, with the recent substantial increase in the supply of goods available for sale in the market, the bearish willingness and wait-and-see mentality of downstream buyers have increased. In addition to some downstream companies that are still buying spot goods at bargain prices, other buyers have stated that the current inventory is still high, and the customer supply of lithium carbonate in June has also increased, and is still in the process of destocking. of level
segment, which also makes the market spot trading remain relatively light this week. In addition, some downstream companies are currently waiting to see the overall industry production schedule in June and making subsequent procurement strategies. Moreover, it is also close to the end of the month for long-term contract discount negotiations, and most downstream companies are still in a wait-and-see attitude towards spot goods in the near future.

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Weekly lithium carbonate price review - Shanghai Metals Market (SMM)