According to the monitoring data of business agency, the price of industrial grade and battery grade lithium carbonate increased slightly this week. On June 9, the average price of industrial lithium carbonate in East China was 454000 yuan / ton, an increase of 0.67% compared with the average price at the beginning of the week (on June 5, the average price of industrial lithium carbonate in East China was 451000 yuan / ton). On June 9, the average price of battery grade lithium carbonate in East China was 472000 yuan / ton, an increase of 0.21% compared with the average price at the beginning of the week (on May 15, the average price of battery grade lithium carbonate in East China was 471000 yuan / ton).

From the observation of market changes, the price of lithium carbonate rose slightly this week. At present, the transaction volume of market inquiry has begun to increase. With the gradual improvement of the epidemic situation in various regions, the downstream terminal demand has warmed up, and the production scheduling of enterprises has rebounded. The new production line of iron lithium has been put into operation, which has increased the procurement demand of the whole industry. Therefore, the price quotation of lithium carbonate has increased, and the price is expected to show positive performance.

The price of downstream lithium hydroxide increased slightly. At present, the spot market is becoming more active. Driven by the price increase of industrial lithium carbonate and the slight recovery of demand, the price also increased slightly. Some downstream material factories have added inquiry orders, and there are a small number of purchases.

The downstream price of lithium iron phosphate operated steadily. As the price of lithium salt continued to rise, the iron phosphate market became active, and some enterprises’ quotations fell. The prices of the two were relatively offset, and the manufacturing cost of lithium iron phosphate was generally stable. However, the supply side is still in short supply. At present, it is mainly based on the preliminary arrangement and delivery.

According to the lithium carbonate analysts of the business club, the current market inquiry is gradually increasing, the large downstream material manufacturers are orderly preparing to purchase according to the demand, the market spot quantity is slightly tight, and the low-cost lithium carbonate is relatively small. It is expected that the short-term lithium carbonate price may rise steadily.