More than a year, lithium carbonate prices staged a roller coaster ride. 2023 early, lithium carbonate prices are still standing firmly at a high level of 510,000 yuan / ton, however, to April, has fallen sharply to 180,000 yuan / ton. After the market briefly rebounded, and then in July lithium carbonate futures listed all the way down. Into 2024, the price of lithium carbonate is like a cliff fall, the lowest touch 97,000 yuan / ton. Although the price rebounded in March, but as of April 12, spot prices are still hovering around 112,500 yuan / ton, and lithium carbonate futures 2404 contract is listed since the fall of up to 55%.

Known as "Asia's lithium capital" of Yichun City, at this moment is suffering from the market downturn. In the streets and alleys, "production cuts", "shutdowns" and "bad market" voice after voice. Field research shows that a number of lithium carbonate producers in Yichun are in trouble due to the plummeting price, and have chosen to cut production or shut down to cope with the situation. 2024, the situation of oversupply is expected to continue, and the road of industry adjustment is still looking long and difficult.

In the face of dramatic market fluctuations, the only way for enterprises to be invincible is to respond positively. On the one hand, increase the acquisition of resources to ensure a stable supply of raw materials; on the other hand, to build a complete industrial chain, improve the ability to resist the risk of market fluctuations. Only in this way, Yichun's lithium carbonate enterprises can steadily seize the opportunities for development in the market roller coaster, to meet the challenges of the future.