According to the data of the business agency, the price of lithium carbonate rose significantly on December 3, and the prices of industrial carbon and electric carbon have increased in different ranges in recent years. On December 3, the average price of industrial grade lithium carbonate in East China was 44800 yuan / ton, which was 6.67% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 42000 yuan / ton on December 1). On December 3, the average price of battery grade lithium carbonate in East China was 48300 yuan / ton, which was 4.77% higher than that at the beginning of the month (the average price of battery grade lithium carbonate in East China was 46100 yuan / ton on December 1). On March 3, the comprehensive market quotation of industrial grade lithium carbonate was around 40000-48000 yuan / ton, and that of battery grade lithium carbonate was around 43000-50000 yuan / ton.

According to the observation of market changes, the prices of industrial grade and battery grade lithium carbonate show an upward trend in the near future. At present, it is understood that lithium carbonate manufacturers are basically out of stock, and the price range continues to shrink. Now the market gradually enters the stage of stock preparation at the end of the year, and the downstream inquiry begins to increase. In addition, the cost of material factory increased more, the price continued to bear pressure, making the market higher sentiment. At present, the downstream began to replenish the storage at the end of the year, and the lithium carbonate shipment of various manufacturers is stable, and the price may continue to rise.

There is no obvious change in the cost support price of lithium hydroxide in the downstream, but the accumulation of stocks in the fourth quarter is severe. At the end of the year, manufacturers may sell goods at low prices due to withdrawal of funds. However, there are also large manufacturers of lithium hydroxide with stable shipment at the demand side, and the price is temporarily stable. With the rising price of lithium carbonate, some manufacturers intend to raise their prices. In terms of lithium iron phosphate power market, the price of lithium salt continues to rise, and the cost of superimposed iron phosphate increases. With the long-term price reduction of downstream battery enterprises, the price of iron lithium rises slowly.

According to the price monitoring of the business agency, on December 2, 2020, there were 26 kinds of commodities in the chemical industry sector, among which there were 3 kinds of commodities with an increase of more than 5%, accounting for 3.3% of the total number of commodities monitored in this plate; the top three commodities were chloroform (5.80%), nitrates (5.56%) and R134a (5.49%). There were 19 kinds of commodities with a decrease of more than 5%, accounting for 2.2% of the total number of commodities monitored in this sector; the top three products were propylene glycol (- 10.82%), isopropanol (- 5.79%) and maleic anhydride (- 4.67%).

Lithium carbonate analysts of the business club believe that the current market price of lithium carbonate continues to rise, the contraction of supply and the concentrated release of domestic demand are all factors contributing to the recent price rise. With the large volume of new energy vehicles, demand driven obviously, lithium carbonate price is expected to continue to rise in the short term.