Entering September, the lithium carbonate market, which should have ushered in the traditional “golden nine silver ten” peak season, emerged from a round of unilateral downward trend, driving the stock prices of listed companies in the lithium ore sector to weaken at the same time. On September 16, the main contract price for domestic lithium carbonate futures fell to 12,4020 yuan/ton during the intraday period, with a cumulative drop of more than 20% since September. As far back as May of this year, the highest domestic lithium carbonate futures contract price was around 210,000 yuan/ton. In just 4 months, it fell by more than 40%, which basically equalized the increase during the year. The Securities Times reporter learned in an interview that the current round of lithium carbonate price declines were affected by market news such as rumours of downsizing and production schedules by leading battery manufacturers, changes in inventory statistics, etc., or adjustments to overly optimistic expectations in the early period. Of course, there are also opinions that the Fed's interest rate hike expectations and the market's pessimistic expectations for long-term demand are also influencing factors. Industry insiders believe that current market demand is high, and lithium carbonate will maintain a tight balance between supply and demand in the short term. Subsequent price trends require close observation of terminal demand, inventory changes, and the release of new production capacity.

Entering September, the lithium carbonate market, which should have ushered in the traditional “golden nine silver ten” peak season, emerged from a round of unilateral downward trend, driving the stock prices of listed companies in the lithium ore sector to weaken at the same time. On September 16, the main contract price for domestic lithium carbonate futures fell to 12,4020 yuan/ton during the intraday period, with a cumulative drop of more than 20% since September. As far back as May of this year, the highest domestic lithium carbonate futures contract price was around 210,000 yuan/ton. In just 4 months, it fell by more than 40%, which basically equalized the increase during the year. The Securities Times reporter learned in an interview that the current round of lithium carbonate price declines were affected by market news such as rumours of downsizing and production schedules by leading battery manufacturers, changes in inventory statistics, etc., or adjustments to overly optimistic expectations in the early period. Of course, there are also opinions that the Fed's interest rate hike expectations and the market's pessimistic expectations for long-term demand are also influencing factors. Industry insiders believe that current market demand is high, and lithium carbonate will maintain a tight balance between supply and demand in the short term. Subsequent price trends require close observation of terminal demand, inventory changes, and the release of new production capacity.