Recently, lithium carbonate futures market fluctuations, intraday prices fell 4%, triggering market concerns. According to SMM spot quotes, on March 25, battery-grade lithium carbonate spot quotes fell slightly, the range fell to 110000 ~ 114900 yuan / ton, the average price reported 112,450 yuan / ton, compared with March 18, a slight decline of 0.09%. At present, most lithium salt enterprises still insist on long order sales, and hold a relatively firm attitude towards the pricing of lithium carbonate bulk orders, but some enterprises have fine-tuned the price of bulk orders. However, feedback from anode enterprises said that there are more trading enterprises in the market, and these enterprises have lowered the price of lithium carbonate along with the disk and looked for opportunities to purchase at a lower price. This has led to a downward trend in the overall center of gravity of lithium carbonate spot market transaction prices. According to SMM's previous research, although environmental factors in Jiangxi are still affecting the production recovery progress of small and medium-sized lithium salt enterprises in the Yichun area, domestic lithium carbonate production is expected to continue to increase, driven by production profits and the resumption of overhaul of lithium salt enterprises outside the Yichun area. In addition, lithium carbonate exported from Chile to the domestic market has also arrived in the near future, which will further supplement the market supply. Overall, the supply side of the lithium carbonate market is gradually replenishing and recovering, but the focus of market attention is shifting to the overall incremental magnitude of downstream consumption.

Overall, the lithium carbonate market is facing the balance between supply recovery and consumption growth. In the future, the market will pay close attention to the overall incremental magnitude of downstream consumption in order to judge the supply and demand pattern and price trend of the market.