On Wednesday, Yuan precursor prices fell. This week, the prices of cobalt and nickel salts all decreased. The downstream battery enterprises and material factories have weak demand for raw materials and relatively stronger bargaining power. The transaction prices of precursors gradually decreased, and the transaction prices of some 5 series products in the market dropped to 110000-120000 Yuan / ton.
The price of lithium carbonate rose slightly this week. This week, some material manufacturers replenished a small amount of raw material lithium carbonate. Because the manufacturers have relatively fixed suppliers, the suppliers are willing to support the price, and some of them are hoarding, so the price is still rising slightly.
The price of lithium hydroxide held steady this week. In the near future, the downstream will gradually carry out product certification for the domestic lithium hydroxide production line, and the process is relatively smooth. For the material factory, the stable raw material supply chain tends to be perfect, thus improving the bargaining power of the material factory for the lithium hydroxide smelter. Recently, the price game of the factory is heating up.
The price of lithium cobalt oxide was flat this week. The mainstream order of lithium cobaltite is expected to be signed by the end of this month. Recently, the price of raw material cobalt trioxide has gradually declined, and the downstream purchasing demand has slightly declined from May to June. It is expected that the price of lithium cobaltite will be difficult to maintain.
The price of ternary materials fell. This week, the precursor price fell with the cobalt nickel salt, the lithium salt price still rose slightly, and the ternary material price fell slightly. At present, the market has not reached the transaction peak, the market inquiry is too much, and the actual transaction is light.
Lithium iron phosphate
In the near future, the situation of short supply continues. With the expansion of production in the early stage, some new capacity of iron lithium enterprises has been put into use in the near future. However, the overall capacity is still in the climbing stage, and the improvement is limited, and the industry's capacity shortage is expected to remain. At present, the power type quotation of iron lithium plant has generally risen to more than 50000, and it is expected that there will still be upward space in the future.
Contact Person: Mrs. Sandy Chung
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