Analysts: Lithium mines and lithium salts may experience a medium- to long-term "tight supply-demand balance"

Since the beginning of the year, its cumulative increase has exceeded 60%. On May 27, the main carbonic lithium contract on the Guangzhou Futures Exchange closed at 173,000 yuan/ton. Although the price has pulled back from its recent high, the year-to-date increase remains considerable. Several analysts believe that the core driving force behind this round of lithium price rise comes from multiple supply-side disruptions and better-than-expected demand. This year, the industry's supply and demand is expected to remain in a tight balance, which could support lithium prices to maintain high-level fluctuations.