Shulou(Shulou.com)11/24 Report--

Thank CTOnews.com netizens for the clue delivery of fish-fragrant tofu! CTOnews.com March 22 news, according to data released by Shanghai Iron and Steel Federation, some lithium materials fell today, battery-grade lithium carbonate fell 10000 yuan / ton, the average price was 290000 yuan / ton, industrial-grade lithium carbonate fell 10000 yuan / ton, the average price was 250000 yuan / ton; lithium hydroxide fell 5000 yuan / ton; nickel beans rose 600 yuan / ton.

According to CTOnews.com, since the beginning of this year, the price of lithium carbonate has fallen by more than 200000 yuan per ton from 517500 yuan per ton, a cumulative drop of nearly 40 percent. Starting from a peak of 590000 yuan per ton in late November last year, the price of battery-grade lithium carbonate fell 49 per cent in the past four months by March 21. Industry insiders said that the reasonable price range should be about 200000 yuan-300000 yuan / ton, that is to say, the current battery-grade lithium carbonate price is basically close to the reasonable range considered by the industry.

With the price reduction of lithium carbonate since the beginning of this year, many new energy car companies have started a "wave of price cuts". Haitong Securities pointed out in the latest research report that as lithium carbonate continues to reduce prices and power battery producers continue to reduce costs, battery manufacturers may continue to make profits to car companies through various price reduction and rebate plans. After the decline in the cost of new energy vehicles, car enterprises may continue to reduce prices in order to compete for a share, which will eventually effectively stimulate the growth of terminal consumer demand for new energy vehicles, and new energy sales are expected to continue to grow.

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