According to the price monitoring of business society, the price of lithium carbonate kept rising in February 2022, and the price reached a new high at the end of the month. On February 24, the average price of industrial grade lithium carbonate in East China was 439600 yuan / ton, an increase of 23.97% compared with the average price at the beginning of the month (the average price of industrial carbon in East China was 354600 yuan / ton on February 1). On February 24, the average price of battery grade lithium carbonate in East China was 458000 yuan / ton, up 19.9% compared with the average price at the beginning of the month (the average price of carbon in East China was 382000 yuan / ton). Until the 24th, the comprehensive price of industrial grade lithium carbonate was 410000-470000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was 450000-490000 yuan / ton.

By observing the changes in the market, after the Spring Festival holiday, the price of lithium carbonate continued to rise steadily and constantly set a new record. In early February, both upstream and downstream of the market were in the state of resumption of production and work, which gradually increased the market demand. Around the middle of February, domestic lithium carbonate maintenance enterprises also gradually resumed normal production, and the supply also increased. Although the cathode material enterprises in the downstream have reduced production slightly, the demand for lithium carbonate is still at a high level.

In late February, the price of lithium carbonate continued to rise significantly, the supply and demand of lithium ore and lithium salt in the market were still in a tight state, and the gap of domestic lithium carbonate was still obvious. At present, the demand of new energy vehicles, energy storage and other markets continues to burst. Lithium carbonate, as an indispensable raw material in the production and manufacture of the four cathode materials, the price of lithium carbonate continues to hit a record high. In addition, due to the relatively long production cycle at the upstream mine, there are obvious restrictions on the increase of lithium salt production. Under the tension of supply and demand, the price of lithium carbonate rises all the way.

The downstream lithium hydroxide market rose. In February, with the rising price of upstream lithium carbonate, the cost support was obvious. In addition, some manufacturers are in the annual maintenance stage, the overall operating rate of the market is about 60%, and the supply reduction is tight. The enthusiasm of downstream inquiry and procurement is OK, and the lithium hydroxide Market is running strongly.

The price trend of lithium iron phosphate in the downstream is upward. At present, the manufacturers have tight supply, insufficient supply, high negotiation focus, and the overall market negotiation atmosphere is acceptable. The rising price of upstream raw materials and the high market focus have a certain support for the lithium iron phosphate Market, and the overall market is strong.

According to the lithium carbonate analyst of business society, although the demand gap for lithium salt in the market has narrowed, the downstream purchasing sentiment is still strong. The spot quantity of lithium carbonate in the market is still low, and the shortage of goods in the market continues. It is expected that the price of lithium carbonate will rise continuously in the short term.