Price Trends of Lithium Carbonate in its Latest Insights and Dashboard

Price Trends Graph
Product NameLithium Carbonate
HS Code283691
Molecular Weight73.89 g/mol
CAS Number554132
Chemical FormulaLi2CO3
SynonymsCarbonic Acid lLithium Salt, Dilithium Carbonate
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Request for Real Time Lithium Carbonate Prices: https://www.procurementresource.com/resource-center/lithium-carbonate-price-trends/pricerequest

An inorganic chemical substance with the formula LiCO3 is called lithium carbonate. This chemical is crucial for various industries. One kind of lithium carbonate that is especially manufactured for battery applications is lithium battery grade lithium carbonate. Lithium Carbonate is employed in the production of the cathodes for lithium-ion batteries.

The top lithium carbonate producing countries are the South Korea, Japan, China, the United States, and Belgium.

Key Details About the Lithium Carbonate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the lithium carbonate price, propane price and kerosene price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The lithium carbonate price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Lithium Carbonate Price Trend:

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There are several applications for lithium carbonate in the industrial production processes that influence the price trend. These consists of its utilization as a component in chemicals that go into lithium-ion batteries. Lithium carbonate-derived glasses are beneficial for ovenware. Both low-fire and high-fire ceramic glaze frequently contain the component lithium carbonate.

Together with silica and other minerals, it creates low-melting fluxes. Because of its alkaline characteristics, metal oxide colourants, especially red iron oxide, in glaze can be altered. When prepared with lithium carbonate, cement sets more quickly and is beneficial for tile adhesives.

Key Players:

  • SQM
  • Albemarle
  • Livent
  • Orocobre
  • Tianqi Lithium Industry
  • Yang Feng Lithium Industry
  • Shandong Ruifu Lithium Industry

News and Events:

  • November 09, 2022: Prices for lithium carbonate, a refined material, have more than doubled since the beginning of the year in China. On Friday, November 4, they reached a new record of 587,500 yuan (USD 81,349) per tonne. The biggest two lithium producers in China, Ganfeng Lithium Group Co., and Tianqi Lithium Corp., both reported significant increases in quarterly profits last.
  • August 25, 2021: Orocobre and Galaxy Resources, two lithium producers, have finalised their merger, making Allkem the fifth-largest lithium producer in the world.

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