This week’s lithium carbonate market was weakly stable (5.18-5.22)

1、 Price trend of lithium carbonate:

 

(Figure: P value curve of lithium carbonate product)

 

Stannous Sulphate

2、 Market analysis:

 

Product: according to the data of the bulk list of business agencies, the market of lithium carbonate this week is weak and stable. According to the price monitoring of the business agency, the average price of industrial lithium carbonate in East China on May 22 was 41200 yuan / ton, down 0.96% compared with the beginning of the week; the average price of battery lithium carbonate in East China on May 22 was 45200 yuan / ton, down 1.31% compared with the beginning of the week. At present, the mainstream price of industrial lithium carbonate market is around 38000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 42000-48000 yuan / ton. On May 21, the lithium carbonate commodity index was 104.97, unchanged from yesterday, down 74.09% from 405.10 (2018-01-07), the highest point in the cycle, and up 6.53% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now)

 

Benzalkonium chloride

Industry chain: according to the data in the business club’s bulk list, the market price of lithium hydroxide in the lower reaches of this week (5.18-5.22) is running smoothly. By the end of 22 days, the average price of domestic industrial lithium hydroxide enterprises was 55666.67 yuan / ton, flat compared with the beginning of the week, down 2.34% compared with May 1, half a year as the cycle, down 17.73% year on year. In the short term, it is expected that the industrial lithium hydroxide Market will be weak and stable.

 

Industry: according to the price monitoring of the business agency, there are 14 kinds of commodities in the list of commodity prices rising and falling on May 21, 2020, among which there is one kind of commodity with an increase rate of more than 5%, accounting for 1.1% of the number of commodities monitored in the plate; the top three commodities are crude benzene (8.51%), ethylene oxide (3.08%) and pure benzene (2.37%). There are 6 kinds of commodities with a decline in the month on month, and the top 3 products were aniline (- 2.16%), propylene oxide (- 1.41%) and potassium nitrate (- 1.16%). The average price of this day is 0.17%.

 

3、 Future forecast:

 

According to analysts of lithium carbonate of business club, the current downstream inquiry has increased slightly, but the new order transaction is limited, the market shipment has not improved significantly, and the demand side is still weak. It is expected that the price of lithium carbonate will be weak and stable in the short term, and more attention should be paid to the cost side and mainstream market news.

http://www.lubonchem.com/

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