In the past six months, lithium carbonate prices plummeted more than 30%, from the peak in March this year fell to the beginning of August 72,000 yuan / ton or so, although the recent slight rebound, but the overall decadence is difficult to hide. Market analysis suggests that lithium prices have touched near the cost line, the industry is facing serious challenges. Futures market, LC2411 contract fell significantly, showing the market's pessimistic expectations of the future trend of lithium prices. A number of market analysts pointed out that the situation of supply exceeds demand is difficult to change in the short term, lithium prices will continue to oscillate to find the bottom.

Affected by this, the listed lithium enterprise interim results generally under pressure. Rongjie shares, Ganfeng lithium and other enterprises have disclosed a decline in performance or loss forecast, lithium product sales prices fell directly compressed the profitability of the enterprise space. Although some companies in the second quarter to achieve operating income and net profit growth, but the overall first half of the performance is still unsatisfactory. The market generally believes that lithium enterprises need to adjust production capacity, reduce costs and other ways to deal with the current market environment. At the same time, with the arrival of the end of the year peak season, market demand for lithium prices may be able to bring a turnaround, but the fundamental fundamentals have not been fundamentally reversed, lithium enterprises still need to be cautious.