2024-08-28
Lithium carbonate prices remained down this week. This week lithium carbonate spot prices still follow the market sentiment and falling. The current market is mainly long order delivery, some lithium enterprises still have the idea of scattered order shipment, but the price is higher than the downstream psychological expectations make few transactions. Some downstream enterprises due to the high proportion of customer supply in June, the lithium procurement action remained stagnation. As the recent lithium carbonate price continues to fall, buyers are more cautious about their own inventory control. Some companies said there was no demand for spot purchases in June. From Thursday's day, lithium carbonate spot trading volume level has a small improvement, but most of the transaction is concentrated in the current market. Most of the current spot market is still to wait and see. Therefore, from the market fundamentals, lithium carbonate prices still remain weak in the long term. Shenzhen Mottcell New Energy Co.,Ltd also adjust battery price based on market change.