Analyze the price of lithium carbonate and lithium hydroxide

The prices of lithium carbonate and lithium hydroxide in batteries weakened week-on-week. After the Spring Festival holiday, the mood of market participants returning to the market was hardly boosted. Shipping and my country's domestic prices fell weekly. This week, Standard u0026 Poor's Global Platts (Su0026PGlobalPlatts) lowered its rating of lithium carbonate batteries by US$50 to US$12,500 per ton. CIF North Asia. The 'Lithium Hydroxide Review' also fell by $50 to $15,550 per ton. These comments are for products shipped to important ports in my country, Japan, and South Korea. Domestic market prices also fell this week. Lithium carbonate Dianping fell 1,000 yuan to 79,000 yuan/ton DDP (delivery with tax), and lithium hydroxide Dianping declined 2,000 yuan to 103,000 yuan/ton DDP. The comments on lithium carbonate and lithium hydroxide are higher than our country’s import parity. According to Platts' import parity formula, the CIF price of lithium carbonate is US$12,550/ton, which is equivalent to RMB 98,500/ton (including 16% value-added tax). According to the same benchmark, the CIF price of lithium hydroxide is estimated at 122,000 yuan/ton. At 4:30 in the afternoon, the exchange rate of the US dollar to the RMB was 6.7623 yuan to the US dollar. Singapore time on Friday. Commercial activities in domestic shopping malls in my country have been restricted this week. A producer in eastern my country stated that he has not done any spot transactions since the Spring Festival. But he has received quotations from several customers, suggesting that there will be demand in the coming weeks. As for another large Chinese processor, the situation this week was even calmer, and no inquiry was received. Manufacturers estimate that many active data manufacturers will be absent from stores until February 20th. The company is not worried about insufficient demand, which shows that its lithium hydroxide processing has been fully ordered before the Spring Festival. But he does not expect prices to fall. He believes that some small sellers have lowered their prices after the holiday in order to get their money back faster. According to a positive data manufacturer in my country, although the price has reached a relatively high level of 84,000 to 86,000 yuan/ton, the price of lithium carbonate for several large processors has now reached 80,000 yuan/ton. The person also knows that a large-scale spodumene processor's information quotation for lithium hydroxide is 10-102,000 yuan/ton. Another positive data manufacturer continues to believe that the transaction price of lithium hydroxide can reach 105,000 yuan/ton, and the transaction price of lithium carbonate can reach 78,000 yuan/ton. He also said that some big buyers may get better prices than this. Another consumer believes that lithium carbonate can be traded in the range of 78-79,000 yuan/ton, but he has enough inventory to maintain until March, so there is no need to enter the market. It is said that buying lithium carbonate in large quantities can get a lower price. A European consumer stated that he bought lithium carbonate in my country at a price of 70,000 yuan/ton. He will not purchase imported resources at a price higher than our price, so the international resource price should not be higher than my country’s CIF price of US$8,900/ton, or Korea’s CIF price of US$10,300/ton. The price gap between the two places reflects my country's 16% value-added tax. He also reported the purchase of lithium hydroxide at a Chinese price of 105,000 yuan/ton DDP, and estimated that the price of lithium hydroxide will continue to be close to lithium carbonate until the distance between the two reaches US$2,000/ton. 2. After the holiday, business was light, and the price of cobalt sulfate CIF in North Asia fell. The long-awaited end of the Spring Festival holiday did not bring a wave of business to shipping and domestic cobalt sulfate stores. On Thursday, Standard u0026 Poor's Global Platts Energy Information (Su0026PGlobalPlatts) fell 200 US dollars to 12,600 US dollars per ton, of which the North Asian CIF price fell 20.5%, because of the decline in demand. Participants in the mall were still absent this week, resulting in limited activities. Consumers returning to the mall are not eager to buy resources, because they have already bought a lot of goods before the holiday. A consumer said: We have been buying processed materials until the end of February, so we have no plans to buy now. Consumers believe that cobalt sulfate prices may fall further due to similar inventories of other consumers. After experiencing a sharp drop in 2018, the price of cobalt sulfate remained unchanged at the North Asian CIF price of US$12,800 per ton for four weeks on Thursday. The domestic DDP standard in my country is lower than the week before the holiday. A consumer said that they have rejected an offer equivalent to 65,500 yuan per ton of standardized DDP. Some people also talked about the price gap between cobalt chloride and cobalt sulfate. A shopping mall participant believes that if the price of cobalt chloride is adopted, the price of cobalt sulfate will fall, and said that the price will be between 61,000 yuan and 62,000 yuan per ton. Disclaimer: Some pictures and content of articles published on this site are from the Internet, please contact to delete if there is any infringement. Previous: Analysis of lithium battery homogenization equipment