Financials, Technology, Consumer Discretionary Nov 22, 2021 07:29 AM (GMT+8) · EqualOcean
Recently, the prosperity of lithium industry has been further improved, and the price of lithium concentrate has increased significantly, which has formed an obvious cost support for lithium salt products. The average price of domestic lithium carbonate Market in the third quarter of this year was 110100 yuan / ton, while the average price has risen sharply since the fourth quarter. Tianfeng Securities said that in the fourth quarter, the long-term association price of lithium concentrate had risen to US $1650 / ton, while the latest selling price of battery grade lithium carbonate was 190000 yuan / ton. In the game of profits brought by the rise of lithium price, the lithium salt plants that signed the long-term agreement still have the upper hand and continue to be optimistic about the performance growth of lithium salt enterprises in the fourth quarter.