Lithium Carbonate Prices Are Nearing the End of This Round of Downward Cycle 

A research report from China Securities points out that the current price of battery-grade lithium carbonate has fallen below 200,000 yuan/mt, which has caused losses to some lithium salt plants that purchase ore externally, and the bottom cost support has gradually emerged.

The continuous slump in lithium carbonate prices has forced some lithium salt plants to reduce their production. Should the prices fall further, the output cuts will probably expand and the commissioning of some high-cost mines will be delayed.

Therefore, China Securities believes this round of lithium salt price downward cycle may be coming to an end.