Home News

company news about Stock up ahead of the festival and demand expected to improve

I'm Online Chat Now
Company News
Stock up ahead of the festival and demand expected to improve
Latest company news about Stock up ahead of the festival and demand expected to improve

Since late November last year, relevant lithium carbonate manufacturers have successively raised the price of lithium carbonate. Due to the upward support of raw material lithium carbonate prices and the improvement of demand expectation, the prices of lithium hexafluorophosphate and lithium iron phosphate also showed an upward trend.

 

Since late November last year, relevant lithium carbonate manufacturers have successively raised the price of lithium carbonate. According to the news released, on January 19 and 20, the ex-factory price of battery grade lithium carbonate of several lithium companies increased, and the final shipping price was subject to the actual negotiation. In addition, a number of lithium carbonate dealers also raised prices.

 

According to the survey, since November 2020, the price of battery grade lithium carbonate has continued to rise. As of January 19, the average price of battery grade lithium carbonate was 64500 Yuan / ton, up 55.42% from November 2.

 

The future demand growth point of lithium industry mainly comes from lithium battery industry. With the continuous increase of downstream market in 2021, the demand for lithium carbonate in lithium battery industry will increase, and the tight supply structure may continue. It is expected that the price of battery grade lithium carbonate will continue to rise in the short term.

 

From January to March, large lithium salt plants were overhauled, but some new / discontinued production lines were put into production. It is expected that the supply will decrease slightly in the first quarter of next year. On the demand side, the Spring Festival stock and bullish sentiment have led to some downstream excessive purchases, and the mainstream transaction price of lithium carbonate is expected to continue to rise slightly. After the price of lithium is gradually stable, the profit of lithium processing may start to repair. Once the price of lithium continues to rise, the profit of lithium processing is expected to accelerate the repair, and the profit of lithium salt plant in the fourth quarter is expected to exceed the market expectation.

Pub Time : 2021-02-02 16:59:55 >> News list
Contact Details
Dongguan Jiayang Battery Co., Ltd.

Contact Person: Mrs. Sandy Chung

Tel: +86-135 5564 2447

Fax: 86-769-81870672

Send your inquiry directly to us (0 / 3000)