According to incomplete statistics in August, the price of lithium carbonate in the domestic market continued to decline, and the price gradually declined. By the end of the month, the market quotation of industrial grade lithium carbonate has reached 115,000-120,000 yuan/ton. The average price of industrial grade lithium carbonate is only 120,500 yuan/ton, which is 2.95% lower than that at the beginning of August. The market quotation of battery grade lithium carbonate is only 1300-140,000 yuan/ton, and the average price of battery grade lithium carbonate is only 134,600 yuan/ton, which is 7.71% lower than that at the beginning of the month.

Spot circulation of lithium carbonate is relatively loose. Influenced by industry capacity release and off-season demand for lithium carbonate, the market quotation of lithium carbonate has been lowered, and the downstream old customers are cautious in taking orders. They generally hold the mentality of buying up and not buying down. They are cautious in trading, mainly in purchasing just in need, and the atmosphere of on-site trading is weak. At present, the manufacturer has flexible operation, lock quantity, lock price, quotation is temporarily lower, the actual transaction can be negotiated, short-term still look hollow.

Although the new energy automobile market sales growth, led to the release of lithium battery production capacity for automotive power. However, the subsidy policy is not clear. Under the mechanism of the industry's anticipated subsidy policy decline, the industry's windfall profits will be difficult to maintain for how long. The downstream material industry's ordering frequency will increase and the number will decrease, which makes the transaction relatively light in the short term and increases the growth of the industry's wait-and-see mood. As raw material of lithium carbonate, manufacturers mainly replenish on demand during the price decline.

With the new energy vehicle subsidy policy will be reduced year by year later, or will stimulate the demand for lithium carbonate to reduce. At the beginning of September, the market price of lithium carbonate declined or stabilized at the end of the month without significant improvement. Battery-grade lithium carbonate is still the focus of attention in the later period. Seasonal resource supply of salt lakes is obvious, and the later production needs to be watched.