Recently, in the spot market, the prices of industrial-grade lithium carbonate and battery-grade lithium carbonate were 107,000-109,000 yuan/ton and 108,000-113,000 yuan/ton respectively. According to the analysis of Zhengxin Futures, the scheduling of lithium carbonate production in May did not meet expectations, while the medium-term market oversupply pattern exerted pressure on prices. Due to the lack of obvious fundamental contradictions, it is expected that the price of lithium carbonate will be in the range of 105,000-115,000 yuan to show a trend of oscillating operation. In this context, Zhengxin Futures suggests investors to keep a wait-and-see attitude for the time being.

On the other hand, Jinrui futures pointed out that salt mills continue to implement the strategy of selling in bulk orders, resulting in tight spot liquidity. With the end of the May 1 stocking season, downstream purchasing willingness weakened significantly. Although both supply and demand are currently showing strength, Jinrui Futures expects that the subsequent trend of high demand growth will be difficult to sustain, and the increasing supply may exacerbate the expectation of oversupply in the future market. Therefore, Jinrui futures forecast that the price of lithium carbonate will maintain a weak trend of oscillation, the price range may be between 10-12 million yuan / ton. In the medium to long term, maintain the bearish expectations, that the second half of the surplus pressure may be further intensified.