After the holiday, purchasing was not as good as before, resulting in a slight decrease in the price of lithium carbonate

According to the Commodity Market Analysis System of Shengyi Society, the price of lithium carbonate has slightly decreased after the holiday. As of February 6th, the domestic price of battery grade lithium carbonate is 79200 yuan/ton, a decrease of 0.73% from 79780 yuan/ton before the holiday. The price of industrial grade lithium carbonate is 78200 yuan/ton, a decrease of 0.52% from 76600 yuan/ton before the holiday. After the Spring Festival, the enthusiasm for purchasing and inquiring in the spot trading market has cooled down, and the pre holiday purchasing frenzy has overdrawn short-term demand after the holiday.

From the downstream demand side, the production of positive electrode material factories within the festival is relatively stable, driving the demand for replenishment of materials and lithium salts after the festival.

Due to the resumption of production in the mining salt sector of a leading enterprise, it provides a strong supplement to the domestic production of lithium carbonate and also supports the customer supply level of some material factories. Under this influence, most companies are currently adopting a wait-and-see attitude and making few purchases.

In terms of imports, Chile exported 25600 tons of lithium carbonate in January, an increase of 27.5% compared to the previous month. Among them, 19100 tons were exported to China, an increase of 43% compared to the previous period. Considering its shipping cycle, it is expected to arrive at Chinese ports in February or March.

From the supply side perspective, most lithium carbonate smelting enterprises collectively maintained normal production during the Spring Festival, but there are still 10 enterprises planning maintenance, mainly concentrated in Sichuan, Jiangxi, Hebei, Guangdong and other places. The overall market supply is sufficient.

The data analyst of Business Society’s lithium carbonate believes that the weak price trend during the Spring Festival period is normal due to the dual impact of maintenance and demand, and there will not be significant fluctuations in the short term in the future. Specific changes in market supply and demand still need to be monitored.