The price of lithium carbonate at the battery-grade continues to drop, with an average price falling below 40,000 yuan per ton.

On February 28, 2023, according to data released by Shanghai Steel Union, the prices of some lithium battery materials have fallen today.

Battery-grade lithium carbonate is mainly used for the preparation of positive electrode materials of some lithium ion batteries and is an important raw material for new energy lithium batteries.

Specifically, the price of battery-grade lithium carbonate has fallen by 7,500 yuan/ton, with an average price of 395,000 yuan/ton. The price of industrial-grade lithium carbonate has fallen by 6,500 yuan/ton, with an average price of 365,000 yuan/ton; lithium hydroxide has fallen by 7,500 yuan/ton; nickel beans have fallen by 100 yuan/ton.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.