The corporate secretary of a lithium salt company recently commented that the current order landscape is robust, with products flying off the shelves—a testament to the lithium battery sector's booming prosperity. Surprisingly, despite a temporary contraction in supply and surging demand in the latter half of the year, coupled with lithium battery firms ramping up production, the price of lithium carbonate has taken an unexpected downturn. Data sourced from Shanghai Ganglian reveals that the average spot price for battery-grade lithium carbonate stood at 152,200 yuan per ton on July 20, marking a substantial decrease from levels seen at the start of the month and in early June.
According to a reporter's inquiry, in the short term, the availability of lithium carbonate remains constrained, primarily because lithium concentrate imports from Zimbabwe have yet to flood the domestic market in significant volumes. However, market sentiment appears relatively subdued. Experts have weighed in, suggesting that the market is preemptively adjusting prices in anticipation of a more relaxed supply scenario in the long run.
