1、 Price trend of lithium carbonate:

(Figure: p-value curve of lithium carbonate product source: Commodity analysis system of Business Association)

2、 Market analysis:

Product: the market of lithium carbonate was stable on February 19. According to the price monitoring of the business agency, the average price of industrial lithium carbonate in East China on February 19 was 43900 yuan / ton, which was the same as that of yesterday, down 39.86% compared with the same period last year. On February 19, the average price of battery grade lithium carbonate in East China was 51200 yuan / ton, which was the same as yesterday, down 38.46% compared with the same period last year. On February 19, the lithium carbonate commodity index was 111.85, unchanged from yesterday, down 72.39% from 405.10 (2018-01-07), the highest point in the cycle, and up 13.51% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now)

Industry: according to the price monitoring of the business agency, there are 10 kinds of commodities in the list of rise and fall of bulk commodity prices on February 19, 2020, including 1 kind of commodity with an increase of more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three commodities are ethanol (7.61%), propylene (2.51%) and calcium carbide (1.17%). There are 9 kinds of commodities with a decline on a month-on-month basis, and the top 3 products were butanone (- 2.66%), sulfuric acid (- 2.08%) and hydrochloric acid (- 1.39%). The average price of this day is 0.08%.

3、 Future forecast:

According to the lithium carbonate analyst of business association, the production enterprises of Sichuan lithium carbonate market have started one after another, the downstream demand is still recovering, and the market trading atmosphere is light. It is expected that the market situation of lithium carbonate will be stable in the short term.