-Continuous destocking of lithium carbonate has led to a slight increase in prices

Continuous destocking of lithium carbonate has led to a slight increase in prices
author:enerbyte source:本站 click15 Release date: 2024-11-05 08:43:41
abstract:
According to the commodity market analysis system of SunSirs, the lithium carbonate market has shown a slight upward trend after the holiday. As of October 14th, the average price of battery-grade lithium carbonate was 81,400 yuan/ton, increasing by 1.63% compared to 77,800 yuan/ton at the beginning...

Keyword search: battery plantlithium battery factorypower bank workslifepo4 battery millPallet Trucks LiFePO4 BatteryLiFePO4 Pallet Trucks BatteryLithium Pallet Trucks Battery

According to the commodity market analysis system of SunSirs, the lithium carbonate market has shown a slight upward trend after the holiday. As of October 14th, the average price of battery-grade lithium carbonate was 81,400 yuan/ton, increasing by 1.63% compared to 77,800 yuan/ton at the beginning of the month. The average price of industrial-grade lithium carbonate was 78,800 yuan/ton, rising by 4.79% compared to 75,200 yuan/ton at the beginning of the month.

Inventory Aspect: As of the end of September, the weekly inventory of lithium carbonate was 124,600 tons, a decrease of 2,095 tons on a month-on-month basis. Among them, the upstream reduced inventory by 5,035 tons, while the downstream and other links increased inventory by 2,939 tons. The inventory reduction by upstream smelters has had a positive impact on market prices, driving prices up. However, in the long term, no large-scale production reduction or suspension has been seen on the supply side so far, and the planned production increase of new lithium salt projects is still quite significant. InfoLink predicts that the total global output of lithium carbonate is expected to reach 1,323,000 tons in 2024.

Demand Aspect: Since July, the production scheduling in the lithium battery industry chain has been continuously increasing. Especially in October, the production scheduling of the battery, separator, and electrolyte links continued to rise on a month-on-month basis. Among them, the production scheduling increase of battery factories was between 3% and 5%, and the production scheduling increase of separator and electrolyte manufacturers was around 2%. The continuous increase in the production scheduling of the lithium battery industry chain has not only driven an increase in the demand for lithium carbonate but also helped to further digest the excessive inventory.

The lithium carbonate data analyst of SunSirs believes that currently, the production scheduling in the lithium battery industry chain is continuously increasing, and the demand for lithium carbonate has also increased, which helps to further digest the excessive inventory. However, in the medium and long term, the market supply-demand relationship still faces a game, and it is necessary to closely monitor market dynamics and policy changes.


Lithium Batteries ,Ensure Quality

Our lithium battery production line has a complete and scientific quality management system

Ensure the product quality of lithium batteries

Years of experience in producing lithium batteries

Focus on the production of lithium batteries

WE PROMISE TO MAKE EVERY LITHIUM BATTERY WELL

We have a comprehensive explanation of lithium batteries

QUALIFICATION CERTIFICATE

THE QUALITY OF COMPLIANCE PROVIDES GUARANTEE FOR CUSTOMERS

MULTIPLE QUALIFICATION CERTIFICATES TO ENSURE STABLE PRODUCT QUALITY

Providing customers with professional and assured products is the guarantee of our continuous progress.

Applicable brands of our products

Service hotline

+8602284999107