News summary
On May 24, the main contract for lithium carbonate futures was reported at 107150 yuan/ton, up 1.5%.slowplaypoker.85%。In terms of supply and demand, output has steadily recovered, salt lakes have resumed production, and Chile has a high import volume. On the demand side, positive electrode production or superbattery demand, inventory increases. The market is waiting for news from the EU, paying attention to tariffs and environmental risks, and expects lithium prices to fluctuate.
Newsletter text
[On May 24, the domestic futures market non-ferrous metals sector collectively rose] On May 24, the domestic futures market non-ferrous metals sector ushered inslowplaypokerA new trend. The price of the main contract of lithium carbonate futures was raised to 107,150.0 yuan/ton, showing a growth rate of 1.85%. [Latest Market Express for Lithium Carbonate Futures] Real-time market prices show that lithium carbonate prices are gradually rising, and the latest price trend has attracted much attention from the market. [EU tariff policy triggers market wait-and-see] According to the latest report, the EU is considering implementing tariff adjustments on Chinese electric vehicles. This news has made the market trading atmosphere slightly depressed, and all parties in the market are paying close attention to further developments in the EU. [Supply side gradually recovers] Shanghai's medium-term futures analysis shows that overall supply is steadily recovering, salt lake output is recovering, and Chile's imports remain high. Investors should pay attention to the environmental factors that may be affected by the production of lithium salt companies in Jiangxi. [Demand side faces challenges] Hualian Futures pointed out that the recent output of cathode materials may exceed battery demand, resulting in inventory accumulation in the downstream industrial chain. The U.S. decision to increase tariffs on China's new energy products may have an impact on demand expectations. [Industry analysis predicts future lithium price trends] Tongguan Jinyuan Futures analysis believes that with the gradual release of domestic consumption potential and the stability of the supply side, lithium prices may show a turbulent upward trend. At the same time, investors should pay attention to Canada's new energy tariff policy towards China and environmental protection regulatory risks in Jiangxi.