According to the price monitoring of business association, the market price of lithium carbonate in East China continued to rise steadily in March 2021. As of March 26, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, up 11.6% compared with the average price at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 77600 yuan / ton on March 1). On March 26, the average price of battery grade lithium carbonate in East China was 90200 yuan / ton, up 8.94% compared with the average price at the beginning of March (the average price of carbon in East China was 82800 yuan / ton). Until the 26th, the comprehensive price of industrial grade lithium carbonate was between 82000-89000 yuan / ton, and that of battery grade lithium carbonate was between 86000-92000 yuan / ton.

According to the observation of market changes, since the beginning of March, the resumption of production and work in various industries has begun to improve, and the production of the industry has also been on the right track. Therefore, from this month, the procurement of raw materials by downstream enterprises has gradually increased and concentrated. However, due to the insufficient operating rate in Jiangxi and the price increase in Qinghai, the price of lithium carbonate has increased. Then, in mid March, the rising trend of lithium carbonate price gradually slowed down, the rising range decreased, the trading volume of lithium carbonate in the market gradually decreased, and the downstream supply of raw materials has been basically completed. Therefore, the market wait-and-see sentiment is obvious, coupled with mica and Salt Lake production began to pick up, the price trend began to stabilize.

In late March, the price of lithium carbonate still rose slightly. Some downstream enterprises replenished a small amount of lithium carbonate. At present, the inventory of lithium carbonate production enterprises is relatively low. In addition to the strong willingness of suppliers to support the price, the price is still rising. According to the price monitoring of the business community, the price of domestic lithium carbonate has been soaring since November 2020. So far, the price of industrial lithium carbonate has increased by more than 119.24%, and that of battery lithium carbonate has increased by more than 104.07%.

The price of downstream lithium hydroxide rose again in March. Due to the tight spot market, the downstream enterprises actively inquired and the low price shipping intention of the enterprises was not strong, so the price center of gravity moved up, and the price game of manufacturers has heated up recently. In terms of lithium iron phosphate power market, the price continues to rise, the short-term supply situation continues, and the industry capacity shortage situation is expected to remain, and there is still room for upward growth in the future.

According to the lithium carbonate analysts of business news agency, the market demand has gradually stabilized in the near future, and the driving force of price rise is insufficient. In addition, lithium carbonate will continue to increase, and the situation of short supply and demand will be significantly improved. The price of lithium carbonate is still expected to be strong in the short term.