The demand for lithium carbonate lacks significant growth, and the price of lithium ore falls

According to SMM data, the weekly output of lithium carbonate increased by 575 tons to 16,055 tons month-on-month, and the total supply in May was lower than expected; the consumption of lithium carbonate by ternary + lithium iron phosphate in May is expected to increase slightly month-on-month, the inventory turnover days of lithium iron phosphate positive electrode materials have continued to decline, and there are signs of a slight increase in ternary materials; the battery cell side remains prosperous. Weekly inventory returned to accumulation, increasing by 351 tons to 131,920 tons week-on-week, of which downstream and other links destocked, and smelters accumulated inventory.