According to the price monitoring of business associations, the price of lithium carbonate in East China market still showed a downward trend in September, but the overall decline of the market gradually decreased in the later period. On September 26, the average price of industrial lithium carbonate in East China was 55400 yuan/ton, which decreased by – 7.67% at the end of the month compared with the beginning of the month. The average price of battery-grade lithium carbonate in East China on September 26 was 63600 yuan/ton, which decreased by – 5.07% at the end of the month compared with the beginning of the month.

From the observation of market changes, the price of lithium carbonate continued to decline from September to August, and the market capacity still showed a high level. Although the inventory of downstream material factories was at a low level, the demand did not meet expectations, and the lithium carbonate market was dominated by low-price shipments. In addition, due to the poor demand for ternary materials, the downstream demand for battery-grade lithium carbonate has not improved significantly, and the price has also declined. Near the middle of September, the overall price of lithium carbonate is still slightly stable and slightly declining, and the price decline has a significant slowdown trend. This is also due to the current inventory level of smelting enterprises has been repaired to a certain extent, which has a supporting effect on prices. At the end of September, the price of lithium carbonate tends to be stable. Due to the recent hot digital market and lithium iron phosphate market, the shipment situation of upstream lithium carbonate manufacturers has improved slightly, so the price of lithium carbonate has played a supporting role.

At present, the action of production reduction in lithium carbonate industry is not clear, which makes the supply side still have some pressure on prices, but with the seasonal changes, the weather in Qinghai gradually cooled, so industrial lithium carbonate production in the fourth quarter may be affected, which will also ease the supply-demand relationship. This month, the comprehensive price of industrial grade lithium carbonate is between 48,000 and 59,000 yuan/ton, and that of battery grade lithium carbonate is between 57,000 and 68,000 yuan/ton.

According to the analyst of lithium carbonate, the current price of lithium carbonate is basically at a low level, and all manufacturers are mainly active shipments. With the arrival of the downstream consumer battery demand peak season, the demand for lithium carbonate purchasing may pick up slightly, and the price of lithium carbonate is expected to stabilize for a while in the short term.