Lithium carbonate price fluctuations and industry profitability are affected by a variety of factors, including supply and demand, raw material supply, policy adjustments and technological innovation. The current price of lithium carbonate has fallen below 100,000 yuan / ton for the second time, which is mainly affected by the continued high social inventory. The increase in social inventory may reflect the lack of market demand or oversupply, which will produce downward pressure on prices.

Meanwhile, from the perspective of industry profitability, although some smelters are still able to realize profits due to cost advantages, the overall profitability space has been compressed. In particular, some smelters that quarry lithium mica and lithium pyroxene may have stepped below the break-even line due to higher production costs.

However, to determine whether industry profitability has bottomed out, more factors need to be considered. For example, whether the supply and demand relationship in the lithium carbonate market will change in the future, whether the supply of raw materials can be guaranteed, whether policies will be conducive to the development of the industry, and whether there are new technological innovations that can reduce costs or improve product perfor.