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After 4 months of consolidation, the price of lithium carbonate ushered in a new round of outbreak in August.
The monitoring data of the business agency shows that the price of lithium carbonate increased by more than 15% in August, especially in the third week
Business agency analysis believes that the strong rise in the price of lithium carbonate is mainly driven by the strong demand from the downstream new energy industry
The business agency said that due to the current good market demand for low-end electric vehicles in China, the lithium iron phosphate route is favored, and the demand for lithium carbonate is relatively good
In addition, tight supply has also exacerbated the rise in lithium carbonate prices
In addition, the rapid rise in the price of raw material spodumene has also driven the lithium carbonate market upward
Regarding the market outlook, the business agency believes that the current supply of some lithium carbonate companies is relatively short, and external quotations are suspended, and prices are discussed at the end of the month.