[The price of lithium carbonate has reached a new low in the new year. The industry expects that the market will still fluctuate in the short term] News on October 13. As of the afternoon closing of October 12, the lithium carbonate futures 2701 contract fell 11.79% to close at 104,680 yuan/ton, falling below the 110,000 yuan mark and refreshing the low in the new year. Compared with the high point of over 200,000 yuan/ton in mid-May this year, the contract has almost been cut in half in less than half a year. In terms of the spot market, according to data from Shanghai Steel Federation, the market price range of high-quality lithium carbonate on October 9 was between 120,500 yuan/ton and 122,000 yuan/ton, the market price range of battery-grade lithium carbonate was between 118,500 yuan/ton and 122,000 yuan/ton, and the market price range of industrial-grade lithium carbonate was between 116,500 yuan/ton and 120,000 yuan/ton. The industry expects that the lithium carbonate market will still operate in a volatile manner in the short term and needs to pay attention to new fundamentals and macro variables. However, given that the market is still in the rhythm of rapid destocking, if the basis continues to strengthen and the supply disturbances in Africa, Jiangxi and other places at the end of the year bring about a supply and demand mismatch, lithium prices are expected to stabilize and rebound. The demand expectation itself is both difficult to confirm and falsify, and it is difficult to revise this part of the expectation, which will lead to a highly limited price. However, if negative feedback occurs, the price of lithium carbonate will continue to fall. (Securities Times)