The operating rate has declined, and lithium carbonate is expected to stop falling

Gold ten futures August 2nd news, with the futures spot price fell to 80,000, if the short-term supply pressure weakens as scheduled, the decline of lithium carbonate may narrow, maintaining a low narrow range shock. And if the demand side can exceed expectations, the price will go to a low level, and there is still a possibility of a staged rebound. The short-term lithium carbonate futures operating range was lowered to [7.5, 8.5]. Follow-up attention to the start of lithium salt plants, and August material plant production data. In the long run, the oversupply pattern of lithium carbonate is temporarily difficult to improve, and there is still room for decline at the mine end. The decline in mine prices drives the cost curve down, and the short-term cost support has not been consolidated. The market still needs lower and more durable low prices to clear excess capacity, and the overall downward trend in prices remains unchanged. It is still safer to rebound and sell short strategically.