According to the Commodity Market Analysis System of Shengyi Society, the domestic lithium carbonate market has continued to operate weakly since September. On September 11th, the average price of battery grade lithium carbonate was 78200 yuan/ton, a decrease of 10.73% from the same period last month when it was 87600 yuan/ton. The average price of industrial grade lithium carbonate is 75800 yuan/ton, a decrease of 10.82% from the same period last month when it was 85000 yuan/ton.
Downstream material factories’ golden September and silver October ‘have arrived, leading to an increase in production scheduling
September and October are the traditional peak seasons for downstream cathode material factories of lithium carbonate, with production increasing and lithium battery production increasing month on month, leading to a rebound in demand for lithium carbonate. According to research data from the top 20 battery factories, the output of power, energy storage, and consumer batteries in the Chinese market was around 110GWh in September, while the global market output of power, energy storage, and consumer batteries was around 135GWh in September.
The lithium salt plant has a stable operating status, and the total output remains at a high level
Driven by positive downstream demand, lithium salt plants continue to operate at a high level, while lithium salt plants at the spodumene end maintain a stable high operating rate to deliver long-term contracts; Due to the continuous decline in lithium carbonate prices, non integrated lithium salt factories have seen a decrease in production. The overall output is running steadily.
Business Society’s lithium carbonate data analyst believes that both supply and demand have increased, but the overall pattern of oversupply still puts pressure on lithium carbonate prices, and it is expected to continue to fluctuate weakly in the short term.
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