fishingrodsforsale| The lithium carbonate futures market fluctuated and adjusted. On April 17, the main contract rose slightly by 0.27%, and the price of Yabo battery-grade lithium carbonate fell by 4.3%

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Lithium carbonate futures market has fluctuated recently, and the main contract LC2407 rose slightly on April 17.Fishingrodsforsale.27% to close at 109400 yuan / ton. Over the same period, the price of battery-grade lithium carbonate in Yabo fell by 4%.Fishingrodsforsale.3% to 107000 yuan / ton. The downstream products of the lithium power industry exceeded expectations in the first quarter, with new energy vehicles and energy storage markets becoming the main driving forces. The increase of electrolyte is relatively small, but the market demand continues to grow and the seasonal adjustment of supply chain weakens. In May, the market reaction will become more obvious, the operating rate of lithium carbonate smelter will increase, and the growth of demand is the key. Attention should be paid to potential risk factors such as production and sales of new energy vehicles, export restrictions and environmental protection incidents.

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Lithium carbonate futures market recently showed a volatile adjustment trend, April 17 lithium carbonate main contract (LC2407) closed at 109400 yuan / ton, up 0.27%. The result of the tender for the sale of battery-grade lithium carbonate held by Yabo on April 17 was 107000 yuan / ton, down 4.3% from the tender price of 111800 yuan / ton on April 2. ]

In the recent lithium carbonate futures market, the shock adjustment has becomeFishingrodsforsaleThe main situation. On April 17th, the lithium carbonate main contract (LC2407) closed at 109400 yuan / ton, up 0.27% from the previous trading day. This increase did not continue the previous sharp decline on April 16, mainly due to the support of supply and demand in the short term, and the trend of futures prices became complicated by the interweaving of multiple factors. It is worth noting that Yabao held a tender for the sale of battery-grade lithium carbonate on April 17, and the final transaction price was 107000 yuan per ton, down 4.3 percent from the tender price of 111800 yuan per ton on April 2.

Reviewing the market situation in the first quarter, the performance of the products in the middle and lower reaches of the lithium industry exceeded expectations, in which the dual benefits of new energy vehicles and energy storage market played a key role. Lithium iron phosphate recorded a positive value compared with the same period last year, a significant increase over the same period last year. Because of its short storage period, the increase of electrolyte is relatively small. Although the first quarter is generally seen as an off-season for the market, the seasonal impact is weakening, which may be due to continued growth in market demand and seasonal adjustments in the supply chain.

In terms of the tender price, Yabao held a tender for the sale of about 100 tons of battery-grade lithium carbonate on April 17, and the final transaction price was 107000 yuan / ton, down 4800 yuan / ton from the tender price of 111800 yuan / ton on April 2. Nearly a week lithium carbonate disk continued to weaken, reduced positions fell, transactions are not active, in the shock grinding bottom market. In early April, due to the influence of Ching Ming Festival's stock preparation, and the slow progress of the long Association of overseas leading lithium salt enterprises in the second quarter, the spot market of lithium carbonate was active, which formed a strong support for the price of lithium carbonate.

In May, as the scheduling data become clearer, the market may react. Judging from the current data, the operating rate of lithium carbonate smelter has increased significantly, and there is a high probability that it will continue in May. At that time, demand growth will become a key factor, and if the growth rate of supply is much faster than demand, the market may come under pressure to continue to decline. However, if demand growth is still faster than expected and there are no new market risk events, lithium carbonate prices are likely to maintain range volatility.

The risk factors that need to be paid attention to include lower-than-expected production and sales of new energy vehicles, export restrictions and environmental protection incidents. While paying attention to the market dynamics, investors also need to pay close attention to these potential risk factors.

The purpose of this article is to provide investors with the latest developments and analysis of lithium carbonate futures market for investment decision-making reference. The data and information in this article come from public sources, but the market is risky and investment should be cautious.

Risk Tip of Hexun self-selected WriterFishingrodsforsaleThe above content is only the views of the author or guest, does not represent any position of Hexun, and does not constitute any investment suggestions related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.