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Procurement Resource Evaluates The Price Trends Of Lithium Carbonate In Its Latest Insights And Dashboard

Lithium Carbonate is an inorganic compound with chemical formula Li2CO3. It is an essential chemical for various industries. The molecular mass of lithium carbonate is 73.891 g/mol and its density is 2.11 g/cm³.

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The melting point of lithium carbonate is 723 °C. It is also referred to as Carbonic Acid lithium Salt. It is white in colour and is employed in the metal processing.

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, galvanized sheet price and garlic oleoresin 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 trends, 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:

Price Trend Image

Lithium carbonate is used in a variety of industrial manufacturing processes, which has an impact on price trends. These include using it as a substance in the chemicals used to make lithium-ion batteries. Glasses made of lithium carbonate are good for ovenware. Lithium carbonate is a common ingredient in ceramic glazes that are fired at low and high temperatures.

It generates low-melting fluxes when combined with silica and other minerals. Metal oxide colourants, particularly red iron oxide, can be changed in glazing due to their alkaline properties. Cement benefits tile adhesives by setting more quickly when prepared with lithium carbonate.

Key Players:

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

News and Events:

  • November 09, 2022: Since the year’s beginning, the cost of lithium carbonate, a refined substance, has more than doubled in China. They set a new high on November 4 by reaching 587,500 yuan (USD 81,349) per tonne. Last quarter, Ganfeng Lithium Group Co., and Tiangi Lithium Corp., the two largest lithium producers in China, both reported considerable rises in quarterly profits.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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