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Daily: Lithium salt market 2023.6.26

Source: Mysteel Jun 27, 2023 17:00
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Lithium Demand Price Supply

Price:

 

 

 

(Unit: Yuan/t)

Product

2023/6/26

2023/6/25

Change

Battery-grade lithium carbonate

308,000-320,000

310,000-320,000

1,000-1,500 

Industry-grade lithium carbonate

295,000-302,000

295,000-305,000

1,000-1,500  

Battery-grade lithium hydroxide

294,000-310,000

294,000-310,000

0

Industry-grade lithium hydroxide

268,000-276,000

268,000-276,000

0

 

Outlook: 

 

The prices of lithium carbonate and hydroxide remained stable last week. The prices of lithium salts reached a high level, and that of spodumene and lepidolite kept unchanged.

 

On the supply side, a salt lake factory shipped thousands of tonnes of lithium salts with sluggish boost effect, and the overall market was still wait-and-see.

 

On the demand side, the operating rates of downstream LFP and ternary cathode manufacturers were nearly 100%. The demand for raw materials had no improvement given the ample raw material reserves built in the early stage, so manufactures only purchased to meet the rigid demand.

 

Traders sold goods at low prices driven by emotions, mainstream salt factories planned to raise their prices, and the spot trading in the market was lackluster.

 

Written by Alex Xie, xiehan@mysteel.com

Edited by Aggie Hu, huchenying@mysteel.com

 

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