According to the data monitoring of Business News Agency: before the Spring Festival holiday, the price of lithium carbonate is still in a relatively good situation. On February 8, the average price of industrial grade lithium carbonate in East China was 72200 yuan / ton, which was 1.4% higher than yesterday (the average price of industrial grade lithium carbonate in East China was 71200 yuan / ton on February 7). On February 8, the average price of battery grade lithium carbonate in East China was 77000 yuan / ton, up 1.32% compared with yesterday (the average price of battery grade lithium carbonate in East China was 76000 yuan / ton on February 7). On August 8, the comprehensive quotation of industrial grade lithium carbonate market was around 65000-76000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was around 70000-81000 yuan / ton.

By observing the market changes, the price of lithium carbonate before the Spring Festival holiday is still in a positive space. At present, smelters in some areas have begun to take a holiday, and the logistics has basically stopped. Although there are still some logistics transportation in Sichuan, Jiangxi and other places, the freight has increased significantly, so the price of lithium carbonate for some dealers has begun to rise. Now the pre festival market transaction is basically zero, and after the Spring Festival holiday, some enterprises still have the intention of rising prices.

The price of downstream industrial grade lithium hydroxide is stable. At present, the logistics will affect some deliveries. There are few new orders signed. There are few transactions during the Spring Festival, and the price will continue to be stable. In terms of lithium iron phosphate power market, the price of lithium carbonate rises, and lithium iron enterprises rise accordingly.

According to the price monitoring of the business community, the lithium carbonate commodity index on February 7 was 181.40, which was the same as yesterday, down 55.22% from the highest point 405.10 in the cycle (January 7, 2018), and up 84.09% from the lowest point 98.54 on October 16, 2014. (Note: period refers to the period from September 1, 2011 to now)

Lithium carbonate analysts of business news agency believe that due to the approach of Spring Festival holiday week, downstream procurement is basically in a stagnant state, and the market as a whole tends to be stable. It is expected that after the Spring Festival holiday, the market operating rate will increase, the demand will be relatively concentrated, and the price is still likely to go up.