According to the price monitoring of the business agency, the overall price of lithium carbonate in East China market in October was stable, and the quoted prices of enterprises were mostly stable. As of October 28, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which remained stable compared with the average price at the beginning of the month (the average price of industrial carbon in East China was 39500 yuan / ton on October 1). On October 28, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which remained stable compared with the average price at the beginning of the month (October 1: the average price of carbon in East China was 44200 yuan / ton). This month, the comprehensive price of industrial grade lithium carbonate is 36000-40000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 40000-45000 yuan / ton.

According to the observation of market changes, the price of lithium carbonate has been in a stable situation after the end of the double festival holiday in October. Due to the slightly higher price quoted by enterprises in the early stage, although it is in a favorable state, the price is still stable. However, some enterprises have raised the price of lithium carbonate. The reason for the price increase is that the cost of lithium salt raw materials has increased recently, which leads to the upward trend of lithium carbonate price.

After that, with the increase of lithium iron phosphate end demand, the price of industrial carbon will have an upward trend. However, the current price of battery grade lithium carbonate is relatively low in the downstream, which makes the price in the state of continuous warming in the game. Recently, Australia’s Altura lithium mine has entered the “custody” state. This event will have a certain impact on the supply of raw materials, and will also drive up the cost of raw materials to a certain extent. As a result, downstream products will be transmitted by the rising prices of upstream raw materials.

The prices of the downstream lithium hydroxide Market and lithium iron phosphate Market are stable. There is no obvious fluctuation in the demand side of lithium hydroxide, and the price is basically stable. Domestic high nickel has no obvious impulse for the moment, and the supply side continues to output capacity, so the price is only stable at the cost line and below. Lithium iron phosphate downstream power, energy storage, small power market demand is good, iron lithium price is basically stable.

According to the lithium carbonate analysts of the business club, the supply and demand situation of domestic lithium market varies from place to place, and the situation varies slightly from place to place. Some salt factories in Sichuan are tightening up the delivery, and the transaction price may reach the quoted price, while the order quantity in other regions is relatively limited. It is expected that the price of lithium carbonate will show a slight upward trend in the near future, and there may be upward space in the fourth quarter under the transmission of cost rising pressure.