Lithium carbonate price falls below 60,000

On May 29, the main contract of lithium carbonate futures fell below the important mark of 60,000 yuan/ton and closed at 58,860 yuan/ton. As the price of lithium carbonate continues to fall, the hedging demand of industrial enterprises is gradually increasing. On May 26, Salt Lake Co., Ltd. announced that it plans to reduce the impact of lithium carbonate price fluctuations on the company's production and operation by carrying out lithium carbonate futures hedging business and effectively avoid market risks.