According to the data monitoring of business news agency, the price of industrial and battery grade lithium carbonate increased slightly this week. On July 21, the average price of industrial lithium carbonate in East China was 460000 yuan / ton, up 0.22% from the average price at the beginning of the week (on July 17, the average price of industrial lithium carbonate in East China was 459000 yuan / ton). On July 21, the average price of battery grade lithium carbonate in East China was 478600 yuan / ton, up 0.13% from the average price at the beginning of the week (on July 17, the average price of battery grade lithium carbonate in East China was 478000 yuan / ton).

According to the observation of market changes, the price of lithium carbonate rose slightly this week. At present, the supply of lithium carbonate in the market is relatively stable, and the large production plants are still dominated by long-term single supply. In order to drive the market trend of lithium carbonate, some traders offered slightly higher prices, but the actual transaction was more single. While the downstream demand is still dominated by rigid demand procurement, and the high price lithium carbonate is still in a wait-and-see state.

Downstream lithium hydroxide prices remained stable, market transactions were relatively light, electric hydrogen production was relatively stable, and the supply side changed little, maintaining rigid order production.

The price of lithium iron phosphate in the downstream operates smoothly, mainly for rigid demand procurement, and the procurement atmosphere is general. At present, the manufacturer’s supply is still tight, and the supply side is obviously insufficient. It is mainly based on the arrangement and shipment of contract customers, the number of new orders is limited, and the overall market negotiation atmosphere is acceptable.

The lithium carbonate analyst of business club believes that although the price of lithium carbonate has a slight upward trend recently, the market demand has not changed significantly, and the acceptance of the price of high priced lithium carbonate is not good. Due to the stable price of lithium iron phosphate, the cost side of lithium salt is also under certain pressure. It is expected that the price of lithium carbonate will remain stable in the short term.