Monthly Lithium Market Report May 2020
2020-06-16 19:30:41 【Print】
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Market Highlights
This month, ternary material producers did not see their operating rates increasing, so lithium carbonate prices dropped further; major high-nickel producers made decreasing sales, so lithium hydroxide prices moved down slightly.
On the power car market, NEV sales decreased notably compared with those in the same period of last year; as a result, power battery plants maintained low operating rates and the LNCMO market saw limited transactions.
On the 3C electronics market, major LCO producers made steady sales; underpinned by rising cobalt tetroxide prices, LCO prices rose slightly.
The aerospace and pharmaceutical markets saw stable transactions, so downstream demand for lithium metal did not show notable changes; and lithium metal prices followed lithium carbonate and lithium chloride prices to drop.
This month, ternary material producers did not see their operating rates increasing, so lithium carbonate prices dropped further; major high-nickel producers made decreasing sales, so lithium hydroxide prices moved down slightly.
On the power car market, NEV sales decreased notably compared with those in the same period of last year; as a result, power battery plants maintained low operating rates and the LNCMO market saw limited transactions.
On the 3C electronics market, major LCO producers made steady sales; underpinned by rising cobalt tetroxide prices, LCO prices rose slightly.
The aerospace and pharmaceutical markets saw stable transactions, so downstream demand for lithium metal did not show notable changes; and lithium metal prices followed lithium carbonate and lithium chloride prices to drop.
