According to the CITIC Construction Investment Research Report, lithium prices fell sharply this week, and expectations of marginal supply easing were suppressed. Mainly, the resumption of lithium production in Jiangxi and the arrival of lithium concentrate in Hong Kong in July, but the concentrate remained tight in July, but the concentrate remained tight. Some lithium salt plants experienced a decrease in volume due to factors such as tight raw materials and maintenance, and production of pyroxene and mica declined, and production continued to decline during the week; at the same time, inventory remained eliminated, and some scattered orders were reluctant to increase prices. There are not too many concerns on the demand side. On the early consumer side, more new production capacity will be initially built and production will increase in the second half of the year, amplifying the downstream inventory replenishment effect, leading to a marginal increase in consumption. On the terminal demand side, the decline in NEV subsidies in 2027 will consolidate rush during the year and push up production expectations for the second half of the year. The growth rate of commercial vehicles is optimistic. The growth rate of commercial vehicles is optimistic. In the first half of the year, 1.833 million pure electric vehicles were exported, up 114.4% year on year. Looking at the third quarter, production schedules for July and August are expected to maintain positive month-on-month growth. The off-season is not weak, and the peak season can be expected.

According to the CITIC Construction Investment Research Report, lithium prices fell sharply this week, and expectations of marginal supply easing were suppressed. Mainly, the resumption of lithium production in Jiangxi and the arrival of lithium concentrate in Hong Kong in July, but the concentrate remained tight in July, but the concentrate remained tight. Some lithium salt plants experienced a decrease in volume due to factors such as tight raw materials and maintenance, and production of pyroxene and mica declined, and production continued to decline during the week; at the same time, inventory remained eliminated, and some scattered orders were reluctant to increase prices. There are not too many concerns on the demand side. On the early consumer side, more new production capacity will be initially built and production will increase in the second half of the year, amplifying the downstream inventory replenishment effect, leading to a marginal increase in consumption. On the terminal demand side, the decline in NEV subsidies in 2027 will consolidate rush during the year and push up production expectations for the second half of the year. The growth rate of commercial vehicles is optimistic. The growth rate of commercial vehicles is optimistic. In the first half of the year, 1.833 million pure electric vehicles were exported, up 114.4% year on year. Looking at the third quarter, production schedules for July and August are expected to maintain positive month-on-month growth. The off-season is not weak, and the peak season can be expected.