Industry insiders believe that the price of lithium carbonate has experienced a short-term correction

In recent days, the price of lithium carbonate futures has continued to adjust. As of April 3, the main contract closed at 156,960 yuan/ton, a decrease of 1.42%. Industry insiders believe that the short-term adjustment in lithium carbonate prices is mainly due to renewed disturbances on the lithium supply side. Recently, there have been reports in the market that SINOMINE has obtained export quotas for lithium concentrate from Zimbabwe. In response, a staff member from the securities department of SINOMINE stated to reporters that the company is still in communication with the local government of Zimbabwe, and there has been some progress, but there is currently no clear timeline. The market generally expects that the relevant export details are likely to be finalized in April. (Ke Chuang Ban Daily)