According to the business community commodity market analysis system monitoring: this week, industrial and battery-grade lithium carbonate to maintain a steady upward trend. 2024 March 21 industrial lithium carbonate domestic mixed average price of 108,800 yuan / ton, compared with the average price of 107,400 yuan / ton on March 17, up 1.3%. March 21 battery-grade lithium carbonate domestic mixed average price of 118,000 yuan / ton, compared with the average price of 116,600 yuan / ton on March 17, up 1.2%. 116,600 yuan / ton compared with the average price of March 17 rose 1.2%.

By observing the market changes, lithium carbonate prices slowed down slightly upward this week. On the supply side, social inventory grew slightly, smelter inventory still accounted for more than half, which makes the market supply pressure is still large. Superimposed on the import of lithium carbonate is expected to arrive at the end of March, the spot supply is expected to be sufficient, or a certain inhibition of prices. Currently, lithium salt enterprises are mainly selling long orders, and the wait-and-see sentiment of individual lithium salt enterprises has been elevated, so the rising momentum of lithium carbonate prices has slowed down a bit.

In terms of demand, downstream anode enterprises are still the main procurement channels for long term agreement and customer supply, and have already purchased some stocks in the early stage, which can basically satisfy the subsequent short-term production and use level, and the general feedback is relatively weak for the high-priced bulk orders, and the overall continuation of the strategy of purchasing and buying on demand.