Looking back on the lithium price trend in the first half of 2025, due to factors such as rapid supply growth and slowing downstream demand, “continued price bottoming out” became the key word for the development of the lithium carbonate industry. “The price of lithium seems to have fallen to the bottom, but the fundamentals of the mismatch pattern between supply and demand have not fundamentally changed, and prices are not that easy to rebound.” As to whether the lithium carbonate industry can reverse in the second half of the year, an A-share lithium company executive said bluntly that the company's focus has now turned to reducing costs and controlling fees rather than predicting price inflection points. This is indeed the case. Although lithium prices have shown signs of stopping falling recently, for industrial companies, the market price of battery-grade lithium carbonate of 63,000 yuan/ton to 64,000 yuan/ton is still below the “profit and loss line” of most manufacturers. Production expansion projects have been implemented one after another, but the reality is that demand is slowing down, causing the lithium carbonate industry to undergo a deep adjustment and reshuffle. Some people familiar with the lithium salt industry believe that judging from the relationship between supply and demand and production and sales data, although lithium prices have reached the bottom of the industry's perception, the upward momentum in the second half of the year is still insufficient, and it will take time to recover.

Looking back on the lithium price trend in the first half of 2025, due to factors such as rapid supply growth and slowing downstream demand, “continued price bottoming out” became the key word for the development of the lithium carbonate industry. “The price of lithium seems to have fallen to the bottom, but the fundamentals of the mismatch pattern between supply and demand have not fundamentally changed, and prices are not that easy to rebound.” As to whether the lithium carbonate industry can reverse in the second half of the year, an A-share lithium company executive said bluntly that the company's focus has now turned to reducing costs and controlling fees rather than predicting price inflection points. This is indeed the case. Although lithium prices have shown signs of stopping falling recently, for industrial companies, the market price of battery-grade lithium carbonate of 63,000 yuan/ton to 64,000 yuan/ton is still below the “profit and loss line” of most manufacturers. Production expansion projects have been implemented one after another, but the reality is that demand is slowing down, causing the lithium carbonate industry to undergo a deep adjustment and reshuffle. Some people familiar with the lithium salt industry believe that judging from the relationship between supply and demand and production and sales data, although lithium prices have reached the bottom of the industry's perception, the upward momentum in the second half of the year is still insufficient, and it will take time to recover.