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

Thanks to CTOnews.com netizens for the delivery of the trumpet of a salted fish! CTOnews.com, July 21, according to the Financial Associated Press, learned from a number of people in the industry chain that Ningde era "depressed" lithium carbonate raw materials, requiring 10% to 5% discount at the market price (the discount requirements for different types of cathode material factories are slightly different), or choose customer supply.

The briefing said the Ningde era did not respond.

CTOnews.com Note: with the rapid development of China's electric vehicle industry, the price of lithium carbonate, a key raw material for power batteries, has soared over the past two years.

On November 23, 2022, the price of battery-grade lithium carbonate in China rose to 590000 yuan per tonne, up about 14 times from 41000 yuan per tonne in June 2020.

However, due to many factors such as weak demand for electric cars, the price of lithium carbonate has been falling since 2023.

Until April 21, lithium carbonate prices in China had not risen in a single day this year, falling about 65 per cent since the start of the year, according to Mysteel.

The lowest point of the year for battery-grade lithium carbonate was 179000 yuan per ton on April 23, when the price of industrial-grade lithium carbonate was 135000 yuan per ton.

From the end of April, the price of lithium carbonate began to rebound, and the battery grade rebounded to 300000 yuan per ton on May 18. Since then, the price of lithium carbonate has remained basically stable.

Today, battery-grade lithium carbonate fell 1500 yuan / ton to 295000 yuan / ton, while industrial-grade lithium carbonate fell 3500 yuan / ton to 281500 yuan / ton, according to Mysteel.

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