The price of battery-grade lithium carbonate fell by 150 yuan in early trading from the previous day, with an average price of 60550 yuan/ton.

Jun,17,25

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The latest price developments According to data released by Shanghai Steel Union on June 16, the price of battery-grade lithium carbonate (early trading) today fell by 150 yuan from the previous day, with an average price of 60550 yuan/ton. Review of recent price trends On June 10, Shanghai Steel Union released data showing that the price of battery-grade lithium carbonate (early trading) on that day was the same as the previous day, with an average price of 60800 yuan/ton. On June 3, China Southern Finance News, Shanghai Iron and Steel Union released data showing that the price of battery-grade lithium carbonate fell by 200 yuan/ton from the previous day, and the average price was reported at 60800 yuan/ton. On May 29, data from Shanghai Steel Union showed that the price of battery-grade lithium carbonate (early trading) fell by 750 yuan from the previous day, and the average price was reported to 61250 yuan/ton. The price fluctuation may be related to changes in market supply and demand. Pay attention to the follow-up trend and influencing factors. On May 26, Shanghai Iron and Steel Union released data showing that the price of battery-grade lithium carbonate (early trading) fell by 700 yuan from the previous day, with an average price of 61950 yuan/ton. Price changes affect battery-grade lithium carbonate is an important raw material for lithium battery production, and its price fluctuations will have a multifaceted impact on the lithium battery industry and related industrial chains: falling 

prices for lithium battery manufacturers may reduce the raw material procurement costs of lithium battery manufacturers, thereby improving their profitability. This will help enterprises to occupy a more favorable position in the market competition, and may also encourage enterprises to expand the scale of production. For the new energy vehicle industry as a key raw material for new energy vehicle power batteries, changes in the price of lithium carbonate will affect the production costs of new energy vehicles. The price drop may reduce the manufacturing cost of new energy vehicles, thereby bringing more price-competitive products to consumers and promoting the further development of the new energy vehicle market. 

Lower prices for lithium carbonate suppliers may compress the profit margins of lithium carbonate suppliers, and suppliers may need to respond to price changes by improving production efficiency and reducing production costs. At the same time, price fluctuations can also affect suppliers' production plans and market strategies.