Price: industrial grade lithium carbonate 479400 yuan / ton, battery grade lithium carbonate 503600 yuan / ton

Analysis: Recently, the price of lithium carbonate has decreased slightly. In terms of supply, the increase of new capacity in the market continues, and the supply continues to rise. At present, the overall market demand is relatively weak, the market spot tension has eased, and the short-term lithium carbonate price is expected to continue to maintain stability. In terms of demand, the demand for the four cathode materials fell due to the reduction of orders. Smelting enterprises also delivered at low prices, leading to the decline of small and medium-sized lithium salt plants and traders. The upstream and downstream game in the market is loose.

Forecast: there is strong wait-and-see sentiment in the downstream market, and there is no large-scale procurement. It is expected that the price of lithium carbonate may still be reduced in the short term.