1、 Price trend of lithium carbonate:

(Figure: P value curve of lithium carbonate product)

2、 Market analysis:

Product: according to the data of the business club’s bulk list, the market of lithium carbonate ran smoothly on the 28th. On April 28, the average price of industrial grade lithium carbonate in East China was 41900 yuan / ton, which was the same as that of yesterday and 3.9% lower than that of April 1. On April 28, the average price of battery grade lithium carbonate in East China was 46700 yuan / ton, which was the same as that of yesterday, down 6.22% compared with that of April 1. At present, the mainstream price of industrial lithium carbonate market is around 38000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 45500-48000 yuan / ton.

On April 27, the lithium carbonate commodity index was 106.75, down 0.26 points from yesterday, down 73.65% from 405.10 (2018-01-07), and up 8.33% 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 16 kinds of commodities in the rise and fall list of bulk commodity prices on April 27, 2020, among which there are 3 kinds of commodities with an increase rate of more than 5%, accounting for 3.4% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are butadiene (9.55%), sulfuric acid (8.55%) and acetone (7.36%). There are 23 kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products falling are hydrobenzene (- 6.44%), aniline (- 3.77%) and caustic soda (- 3.45%). The average increase and decrease of this day is 0.01%.

3、 Future forecast:

According to analysts of lithium carbonate of business club, the current market demand is weak, the trade is flat, and there is a strong wait-and-see atmosphere on the market. It is expected that in the short term, the market of lithium carbonate will be mainly weak and stable.