1、 Price trend of lithium carbonate:

(Figure: P value curve of lithium carbonate product)

2、 Market analysis:

Product: according to the data of the bulk list of the business agency, the recent market of lithium carbonate is dominated by stable operation, and the quotations of some enterprises are slightly reduced. At present, the overall supply of lithium salt is relatively sufficient, the demand side performance is still poor, and the market trading atmosphere is general. According to the price monitoring of business agency, the average price of industrial lithium carbonate in East China on May 8 was 41800 yuan / ton, down 0.24% compared with April 30. On May 8, the average price of battery grade lithium carbonate in East China was 46200 yuan / ton, down 1.07% compared with April 30. At present, the mainstream price of industrial lithium carbonate market is around 39000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 45000-48000 yuan / ton.

On May 8, the lithium carbonate commodity index was 106.50, unchanged from yesterday, down 73.71% from 405.10 (2018-01-07), the highest point in the cycle, and up 8.08% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now)

Industry: according to the price monitoring of the business agency, there are 24 kinds of commodities in the rise and fall list of bulk commodity prices on May 8, 2020, among which there is one kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in the plate; the top three commodities are crude benzene (14.59%), phenol (4.93%) and aniline (4.35%). There are 12 kinds of commodities falling on a month on month basis, and the top three products are styrene (- 1.22%), adipic acid (- 1.21%) and light soda ash (- 1.21%). The average price of this day is 0.57%.

3、 Future forecast:

According to analysts of lithium carbonate of business association, at present, the market demand is not strong, and the downstream market is mainly just in need of purchase, and the transaction is relatively cold. It is expected that the market situation of lithium carbonate will be weak and stable in the short term.