Lithium carbonate has fallen to 60,000 yuan per ton, lithium companies are currently focusing on going abroad.

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