Price:
|
|
|
(Unit: Yuan/t) |
Product |
2023/4/7 |
2023/4/6 |
Change |
Battery-grade lithium carbonate |
215,000 |
218,000 |
7,000 |
Industry-grade lithium carbonate |
181,500 |
180,000 |
8,000 |
Battery-grade lithium hydroxide |
325,000-355,000 |
316,000-346,000 |
10,000 |
Industry-grade lithium hydroxide |
300,000-318,000 |
288,000-310,000 |
7,500 |
Outlook:
During the week, the price of lithium carbonate and hydroxide was respectively lowered by Yuan 15,000-20,000/t and 22,500-24,000/t. Downstream users mainly purchased to meet the immediate demand amid low demand and high inventory of lithium salt. Lithium prices continued to fall, increasing downstream procurement costs. The small lithium salt mills stopped production while the large ones cut production in order to lower inventory and cost. Some manufacturers was mainly in destocking, especially in Jiangxi. The price of lithium salt is expected to further trend down in the coming term .
Edited by Alex Xie, xiehan@mysteel.com