At present, the overall demand and prices of the lithium industry are going down, and the responses of each company vary. Traders that are standing on the sidelines will be more concerned about the rebound of lithium carbonate prices and the timing of downstream demand recovery. This article aims to answer the questions for various companies and traders like: Is there currently a reduction in overall production? Do lithium salt plants have profits? What is the proportion of losses? Will the demand of downstream car companies experience explosive growth in the second half of the year?
SHANGHAI, Apr 6 (SMM) – The lowest price of SMM battery-grade lithium carbonate (domestic, 99.5%) has fallen to 200,000 yuan/mt today, with today’s price range as below.
DCE iron ore futures declined by 1% today, the main contract closed at 793.The traders' willingness to ship is less.The steel mills are less active to purchase.
The guidance TCs as well as concentrated maintenance at Chinese smelters scheduled to start in late March, continuous improvement in the production and shipments of overseas mines and the commissioning of new mines in Chile all point to significant rise in spot copper concentrate TCs.