According to the price monitoring of the business community, the overall market price trend of industrial grade and battery grade lithium carbonate in East China in May 2021 was relatively stable, both of which rose slightly in the first half of the month. As of May 26, the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton, which was 0.46% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton on May 1). On May 26, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, which was 0.89% higher than the average price at the beginning of the month (the average price of carbon in East China was 90000 yuan / ton on May 1). Until the 26th, the comprehensive price of industrial grade lithium carbonate was in the range of 80000-90000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was in the range of 8500-92000 yuan / ton.

By observing the market changes, the price of lithium carbonate showed a slight decline at the end of April, but after the May Day holiday, the price rose again. It can be seen that in recent years, the price of lithium carbonate has been in a state of range consolidation, and the fluctuation of the price is mostly caused by enterprises in order to increase shipment. It is understood that the market supply of lithium carbonate is relatively good in the first half of May, and there is still a shortage of supply of battery grade lithium carbonate.

In late May, the price of industrial grade lithium carbonate continued to maintain stability, while the price of battery grade lithium carbonate continued to rise, but the market as a whole was still in a relatively stable trend. Judging from the overall market sales in May, the market demand has improved compared with that in April, which makes the possibility of the price of lithium carbonate will be reduced. In addition, in the short term, due to the increase in the operating rate of domestic salt lakes, the output of lithium carbonate increased in the second quarter, and the price was slightly under pressure in the short term. Therefore, the price of lithium carbonate has stabilized this month.

Since May, the market price of downstream lithium hydroxide has been steadily rising, and it has been in a high and stable operation. At present, the spot supply in the market is still not loose, and the demand side performs well. In terms of LiFePO4, the finishing market of LiFePO4 was mainly stable in May, with stable price trend and slower rising trend. The main supply contract customers were the main ones, and the number of new customers was limited. The market was stable in the short term.

According to the lithium carbonate analysts of business news agency, the current lithium carbonate price is basically in a stable state, and the price has been at a high level due to the improvement of production to ease market demand. However, under the influence of the new energy industry chain maintaining a high momentum, it is expected that under the catalysis of the new energy vehicle peak season in the third and fourth quarters, the price may be expected to rise again. It is expected that the price of lithium carbonate in the short term may still maintain stability.