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Daily: Lithium salt market 2023.6.30

Source: Mysteel Jul 03, 2023 12:00
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Lithium Demand Price Supply

Price:

 

 

 

(Unit: Yuan/t)

Product

2023/6/30

2023/6/29

Change

Battery-grade lithium carbonate

294,500-306,500

303,000-315,000

8,500-9,000 

Industry-grade lithium carbonate

281,500-286,500

290,000-296,000

8,500-9,000  

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 salts dipped slightly, followed by spodumene and lepidolite.

 

On the supply side, a number of traders in the retail market lowered their offers.

 

On the demand side, the operating rates of downstream LFP and ternary cathode material manufacturers continued to grow. But the demand showed no improvement given the amount of raw material stocks built in the early stage, so the manufactures only purchased to meet their rigid demand. The spot trading in the overall market was lackluster.

 

It is expected that the prices of lithium salt will keep rangebound in the short term.

 

Written by Alex Xie, xiehan@mysteel.com

Edited by Aggie Hu, huchenying@mysteel.com

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