Lithium carbonate falls to 60,000 yuan per ton, investment retreat accelerates reshuffle

Since the peak of around 560,000 yuan/ton in November 2022, whether the lithium carbonate price has bottomed out has been a hot topic among investors. However, the price of the domestic lithium carbonate futures main contract 2507 recently fell below the 60,000 yuan/ton mark, once again refreshing the market's understanding of the "bottom". As the upstream of the lithium industry chain, the plummeting lithium carbonate price undoubtedly led to a weakening of downstream related product markets. Under the pressure of production and operation, the investment enthusiasm in the lithium market has waned, the progress of capacity addition continues to slow down, and some companies have even announced the termination of projects. Faced with the mismatch of market supply and demand, lithium enterprises are currently focusing on going global. Industry analysts believe that there is still a significant price difference between overseas fine chemical lithium products and domestic prices, and the overseas market is a potential growth point for profit for lithium salt companies in the future.