Zheng Quan Ri Bao Zhi Sheng·2025-06-17 16:10Group 1 - Lithium carbonate prices have continued to decline, with prices for industrial-grade lithium carbonate in East China at 58,500 to 60,100 yuan per ton and battery-grade at 59,800 to 61,000 yuan per ton, reflecting a decrease of 400 yuan per ton from the previous period [1] - Since July 2020, lithium carbonate prices have experienced significant volatility, peaking at 570,000 yuan per ton in November 2022, followed by a decline to around 60,000 yuan per ton by early June 2025, representing a drop of over 89% from the peak [1] - The core reason for the price volatility is the reversal of supply and demand dynamics, with continued expansion in the lithium carbonate supply chain leading to oversupply, while the bottom price remains uncertain as it approaches some companies' cash cost lines [1] Group 2 - In June, some smelting plants resumed production, but overseas shipping data indicates a potential decrease in lithium carbonate imports, leading to a tight balance in supply and demand [2] - Analysts expect short-term price fluctuations for lithium carbonate, with limited downward momentum due to the market's focus on low warehouse inventories [2] - The mid-term outlook for lithium carbonate remains challenging, with strong smelting plant output and weak terminal demand, indicating a trend towards a seasonal decline in consumption [2] Group 3 - As lithium ore prices continue to decline and approach mining costs, more production capacity may be forced to exit the market [3] - Companies like Tianqi Lithium and Ganfeng Lithium are focusing on cost reduction and efficiency improvements to enhance competitiveness in the lithium industry [3] - The industry is experiencing a slowdown in capital expenditures, which may lead to a decrease in supply growth, with expectations for improved supply-demand dynamics as demand continues to grow [3] Group 4 - The year 2025 is anticipated to be a challenging period for lithium carbonate smelting plants, emphasizing the need for sufficient cash flow and lithium ore resources to survive [4] - Cost reduction is identified as the most urgent requirement for companies to avoid being eliminated from the market [4]