1、 Price trend of lithium carbonate:
(Figure: P value curve of lithium carbonate product)
| Gamma PGA fertiliser |
2、 Market analysis:
Product: the market of lithium carbonate was stable on the 18th. According to the price monitoring of the business agency, the average price of industrial grade lithium carbonate in East China on March 18 was 44200 yuan / ton, which was the same as that of yesterday and 36.86% lower than that of the same period last year. On March 18, the average price of battery grade lithium carbonate in East China was 51200 yuan / ton, which was the same as yesterday, down 36.32% compared with the same period last year. At present, the mainstream price of industrial lithium carbonate market is around 40000-47000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 48000-52000 yuan / ton.
On March 17, the lithium carbonate commodity index was 112.61, unchanged from yesterday, down 72.20% from 405.10 (2018-01-07), the highest point in the cycle, and up 14.28% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now)
| Gamma PGA |
Industry: according to the price monitoring of the business association, there are 12 kinds of commodities in the rise and fall list of bulk commodity prices on March 17, 2020, including 1 kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three commodities are isopropanol (14.67%), nitric acid (3.33%) and acetic anhydride (3.18%). There are 21 kinds of commodities with a decline of more than 5% on a month on month basis, accounting for 1.1% of the number of commodities monitored in the sector; the top three products with a decline are chloroform (- 10.53%), styrene (- 3.78%) and propane (- 3.65%). The average price of this day was – 0.17%.
3、 Future forecast:
Analysts of lithium carbonate of the business association believe that the downstream construction has been started in succession, the market inquiry has increased, and the atmosphere is positive. It is expected that the industrial lithium carbonate market will continue to operate strongly in the short term. At present, the demand of the downstream power market is recovering slowly. It is expected that in the short term, the battery grade lithium carbonate market will be consolidated and wait-and-see operation, and more attention should be paid to the cost and downstream demand.
| http://www.lubonchem.com/ |