According to the price monitoring of business associations, the market price of lithium carbonate in East China remained relatively stable in February, and the fluctuation range of enterprise prices in other regions was relatively flat. On February 27, the average price of industrial lithium carbonate in East China was 73,000 yuan/ton, up 0.83% at the end of the month compared with the beginning of the month. The average price of battery-grade lithium carbonate on February 27 was 83200 yuan per ton, up 1.22% at the end of the month compared with the beginning of the month.

From the observation of market changes, with the arrival of the Spring Festival holidays in February, the lithium carbonate market is in a state of shutdown. From the middle and late January to the end of the holidays in February, the price is generally stable. In late February, with the end of the Spring Festival holiday more than a week, lithium carbonate upstream and downstream enterprises have started production and procurement, but the market turnover is relatively small. At the end of February, the holiday atmosphere gradually faded and the downstream enterprise purchasing atmosphere gradually began to improve, and the market fairs slowly increased. At present, most enterprises have expressed a wait-and-see attitude towards the price of lithium carbonate and have no plans to adjust the price for the time being. At present, the price of industrial grade lithium carbonate in East China is between 68,000 and 76,000 yuan/ton, and that of battery grade lithium carbonate in East China is between 86,000 yuan/ton, which remains stable as a whole.

According to business analysts, with the end of the holiday, the lithium carbonate market began to recover gradually. According to lithium salt manufacturers, this year is slightly better than the same period last year, and the short-term lithium price market mentality is stable. For new capacity, production in the first quarter is still in the trial run stage, so the relative output will not increase significantly. The price of lithium carbonate is expected to remain stable in the future.