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Daily: Lithium salt market 2023.3.16

Source: Mysteel Mar 17, 2023 10:43
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Lithium Demand Price Supply

Price:

 

 

 

(Unit: Yuan/t)

Product

2023/3/16

2023/3/15

Change

Battery-grade lithium carbonate

315,000-340,000

350,000-385,000

5,000

Industry-grade lithium carbonate

276,000-315,000

290,000-343,000

4,500

Battery-grade lithium hydroxide

392,000-420,000

396,000-425,000

4,500

Industry-grade lithium hydroxide

370,000-388,000

375,000-392,000

5,000

 

Outlook: 

 

Industry-grade lithium carbonate price continued to fall given downstream demand had yet to show any recovery under pessimistic sentiment. Downstream orders have rebounded slightly amid sufficient supply of lithium salt. Lithium ore rebate program has a price stabilizing effect and lithium salt spot price is expected to fall in the short term.

 

Edited by Alex Xie, xiehan@mysteel.com

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