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Lithium Carbonate Prices: In July, lithium carbonate prices showed a fluctuating downward trend. Supply side, domestic lithium carbonate production remained high, while imports declined. Demand side, due to the off-season, market demand did not show a significant recovery, leading to an obvious oversupply throughout the month. Additionally, downstream battery makers had sufficient supply, further compressing the spot order demand for cathode materials.
According to the latest market data, the SMM battery-grade lithium carbonate index reached 84,709 yuan/mt, up 118 yuan/mt from the previous working day. The quotation range for battery-grade lithium carbonate was 82,900-86,800 yuan/mt, with an average price of 84,850 yuan/mt. The quotation range for industrial-grade lithium carbonate was 79,200-80,600 yuan/mt, with an average price of 79,900 yuan/mt. Currently, low-price lithium carbonate supply is not tight in the market, and downstream material plants and traders are actively inquiring, making small purchases at low prices. Some lithium salt plants are also reducing their inventories, and transaction prices are expected to decline. Overall, despite a slight recovery in market trading sentiment, lithium carbonate prices will remain under pressure due to the oversupply situation.
Analysis of Profit Margins for Producers Sourcing Different Types of Raw Materials:
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