Lithium Carbonate Supply-Demand Stable, Surplus Pattern Persists

Published: Apr 3, 2025 12:59

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【Lithium Carbonate Supply and Demand Remain Stable, Surplus Pattern Difficult to Reverse】Reviewing the supply-demand pattern of lithium carbonate in March, after the traditional off-season in February, both supply and demand for lithium carbonate saw a significant recovery in March. With the continuous ramp-up of some lithium carbonate production lines, domestic lithium carbonate output reached a historical high in March, up 23% MoM, approaching the 80,000 mark. The surplus pattern of lithium carbonate further intensified, dragging down the spot price of lithium carbonate. Entering April, downstream demand remained relatively stable, falling short of previous incremental expectations. Although some small and medium-sized plants have reduced production, the total output of lithium carbonate is expected to remain high due to the strong supply from first and second-tier lithium chemical plants. Overall, both supply and demand for lithium carbonate remained high and stable in April, making it difficult to reverse the surplus pattern.

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