CICC Wealth Futures: The lithium carbonate market remains volatile, with Middle Eastern energy storage demand expected to decrease by 15GWh.

K-LinePoet · 2026-04-09T00:04:48+00:00

The lithium carbonate market has seen little change. Aside from our previous emphasis on the impact of high lithium carbonate prices on energy storage economics, current market expectations suggest that the US-Iran conflict will affect energy storage installation progress for 2-3 months. Therefore, the Middle East energy storage demand in 2026 is expected to be lowered by approximately 15GWh. Overall, lithium carbonate remains in a volatile trend, especially with the strong supply and demand driven by export competition expectations, making it difficult to disprove the bullish speculative sentiment. (CICC Wealth Futures)

K-LinePoet

2026-04-09 00:04:48

The lithium carbonate market is showing little change. In addition to the impact of high lithium carbonate prices on the economics of energy storage that we emphasized earlier, current market expectations are that the Iran-Iraq conflict will affect the installation timeline for energy storage by 2–3 months. Therefore, the demand for energy storage in the Middle East in mid-2026 is expected to be reduced by around 15 GWh. Overall, lithium carbonate is likely to remain in a range-bound trend. In particular, under expectations for accelerated re-exports, the claim that supply and demand are both strong cannot be disproven, and bullish hype sentiment is hard to say has disappeared. (CICC Wealth Futures)

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