Lithium prices: four consecutive losses! Lithium price shocks to the downside

Dec,20,24

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December 19 evaluation of lithium carbonate prices: according to the domestic SMM agency, battery-grade lithium carbonate index price of 75,411 yuan/ton, down 325 yuan/ton compared with the previous working day; Battery-grade lithium carbonate was 74.05-7.695 million yuan/ton, with an average price of 75.5 million yuan/ton, down by 350 yuan/ton from the previous working day; The average price of industrial-grade lithium carbonate was 71.75-7.275 million yuan/ton, which was 72,250,000/ton million yuan/ton, down by 350/ton yuan/ton from the previous working day. The center of gravity of the spot price of lithium carbonate continued to decline.

The phenomenon that downstream material factory were worried about cutting orders at the end of December did not happen on a large scale. On the whole, the production situation in December was more in line with the previous expectations. Therefore, for the current just-needed procurement or short-term replenishment, the purchasing mood of downstream material factory has picked up slightly. At the end of the year, some traders went to the warehouse to recover funds, sold lithium carbonate at a lower point prices, and the production date was longer, so as to promote the transaction with the downstream material factories, which dragged down the center of gravity of the transaction price of lithium carbonate spot market. Considering the actual supply and demand situation of lithium carbonate at present, combined with the current inventory level of lithium carbonate circulating in the market, it is expected that the spot price of lithium carbonate will still have a small downward space, accompanied by interval fluctuations.