September lithium carbonate continued to surge up to 40%

According to the price monitoring agency, the market price of industrial grade and battery grade lithium carbonate in East China in September 2021 continued the rising momentum of August, and the price was still in the rising range but slightly slowed down until the end of the month. As of September 28, the average price of industrial grade lithium carbonate in East China was 167,800 yuan/ton, 40.77% higher than the average price at the beginning of the month (the average price of industrial carbon in East China was 119,200 yuan/ton on September 1). The average price of battery grade lithium carbonate in East China on September 28 was 175200 yuan/ton, 39.49% higher than the average price at the beginning of the month (the average price of electric carbon in East China on September 1 was 125,600 yuan/ton). As of December 28, the comprehensive price of industrial grade lithium carbonate was 153-187,000 yuan/ton, and that of battery grade lithium carbonate was 163-205,000 yuan/ton.

Through the observation of market changes, September began to lithium carbonate prices continue the upward trend at the end of August continued to rise rapidly, and the rise is increasing, and in the middle of September about the domestic mainstream manufacturers basically completed the spot sales in September, the market supply is very tight. As prices keep rising, there is a gap in raw materials. Overseas mines and salt lakes will start to open at the end of this year or the beginning of next year, and the tension of raw materials may continue for several months. In terms of supply and demand, the supply is still in short supply. In the early stage, some manufacturers and traders slowly released their inventories, so the sentiment of Shouting is high and the price keeps rising.

Until near the end of September, the rise of lithium carbonate price has slowed down, and the price slowdown is due to the price continues to be high, small and medium-sized materials factory to accept the low degree, mostly to inquiry, but the purchase quantity is slightly inferior. Second, the demand side is affected by the "double control of energy consumption" policy and the increase of imports, which makes the market reluctant to sell slightly weakened, and traders and some smelters began to gradually increase their sales to the market.