Lithium carbonate futures prices fell by 20% in the past half month, and the future market needs to pay attention to the supply side.

The premium driven by a single event is often difficult to sustain, especially in the current context of high lithium carbonate inventory, the price lacks long-term support. Zhuochuang Information's Fubao lithium carbonate analyst Sujinyi believes that the recent trend in lithium carbonate prices is similar to the market surge and fall after production was halted in September last year. When the event occurs, market sentiment will push up prices, but prices will also fall as the impact of the event is reassessed. On August 11, Ningde Times responded to the suspension of mining in the Jianxiaowo mining area in Yichun, Jiangxi, and the news temporarily pushed up lithium ore market prices. She mentioned that the previous surge in lithium carbonate prices also included market expectations of risks of supply interruption in mining projects. The specific situation of mining projects is still unclear, and the hedging operations of lithium salt production enterprises have to some extent restrained the upward space of prices, while also bringing potential supply increment expectations, these factors together have led to the recent price decline.