According to the monitoring data of business agency, the price of industrial and battery grade lithium carbonate continued to rise steadily this week. On June 16, the average price of industrial lithium carbonate in East China was 457000 yuan / ton, an increase of 0.66% compared with the average price at the beginning of the week (on June 12, the average price of industrial lithium carbonate in East China was 454000 yuan / ton). On June 16, the average price of battery grade lithium carbonate in East China was 475000 yuan / ton, an increase of 0.64% compared with the average price at the beginning of the week (on June 12, the average price of battery grade lithium carbonate in East China was 472000 yuan / ton).

By observing the market changes, the price of lithium carbonate continued to rise this week. At present, the downstream iron lithium market scheduling is growing, so the market is in a de stocking state. In the market, the activity of close relatives has been increasing, the demand for orders has increased, and the recovery of terminal demand has led to the recent increase in lithium carbonate prices. Due to the favorable lithium carbonate market, some small and medium-sized enterprises and traders are reluctant to sell their products and offer higher prices.

The price of downstream lithium hydroxide remained stable, the price of upstream spodumene was high, the price of upstream lithium carbonate increased slightly, which boosted the market mentality, increased the market supply, and slightly increased the enthusiasm of downstream inquiry, but it was still wait-and-see, the market atmosphere was ok, and the focus of domestic industrial lithium hydroxide Market negotiations was temporarily stable.

The price of lithium iron phosphate in the downstream is running smoothly. At present, the supply of the manufacturer is still tight, and the supply is obviously insufficient. The contract customers are mainly responsible for arranging orders and delivering goods, and the number of new orders is limited. The overall market negotiation atmosphere is acceptable, and the price remains high. The price in the upstream is still high, and the price continues to rise. The cost pressure of lithium iron phosphate remains.

According to the lithium carbonate analysts of business society, most downstream material factories are in the state of long-term order procurement, while sporadic small and medium-sized enterprises are mainly in the form of just needed procurement. With the gradual recovery of the market demand side market, it is expected that the short-term lithium carbonate price will continue to rise steadily.