---
title: "Understanding the Market | Lithium Carbonate Strongly Breaks Through the 90,000 Yuan Mark, Ganfeng Lithium Rises Over 8%, TIANQI LITHIUM Rises Over 6%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/266104159.md"
description: "Lithium stocks strengthened in the morning, with Ganfeng Lithium rising 8.35% and TIANQI LITHIUM rising 6.49%. The main contract for lithium carbonate futures surged over 5%, currently reported at 91,740 yuan/ton. The chairman of Ganfeng Lithium predicts a 30% increase in lithium carbonate demand by 2026, with supply and demand basically balanced, indicating potential for price increases. Minmetals Futures pointed out that the demand for new energy vehicles and energy storage batteries is high, and the spot supply of lithium salts is in short supply, with inventory days hitting a new low"
datetime: "2025-11-17T01:42:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266104159.md)
  - [en](https://longbridge.com/en/news/266104159.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266104159.md)
---

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# Understanding the Market | Lithium Carbonate Strongly Breaks Through the 90,000 Yuan Mark, Ganfeng Lithium Rises Over 8%, TIANQI LITHIUM Rises Over 6%

According to Zhitong Finance APP, lithium stocks strengthened in the morning session. As of the time of writing, Ganfeng Lithium (01772) rose 8.35% to HKD 62.3; TIANQI LITHIUM (09696) rose 6.49% to HKD 56.75.

On the news front, on November 17, the main contract for lithium carbonate futures surged over 5%, currently reported at CNY 91,740 per ton. Ganfeng Lithium Chairman Li Liangbin recently predicted that lithium carbonate demand will grow by 30% by 2026, reaching 1.9 million tons, while supply capacity is expected to increase by about 250,000 tons after assessment, leading to a basic balance between supply and demand, with potential upward space for lithium carbonate prices. If demand growth exceeds 30% next year, even reaching 40%, the supply may not balance in the short term, and prices could break through CNY 150,000 per ton or even CNY 200,000 per ton.

WISCO Futures pointed out that the current market contradictions are concentrated on the demand side, with new energy vehicles and energy storage batteries achieving record high production and sales, driving bullish sentiment in lithium battery materials and raw materials. In the short term, the domestic lithium carbonate production limit is approaching, with capacity utilization rates across the industry chain at annual peaks, and spot lithium salts continuously in short supply, with inventory days reaching the lowest value on record. At the same time, the market's expectation of accelerated inventory depletion has been fully priced in, and as the peak season enters its later stage, the increase in downstream raw material stocking may be nearing its end. Without sustained driving forces, the upward space is relatively limited

### Related Stocks

- [TLC (002466.CN)](https://longbridge.com/en/quote/002466.CN.md)
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- [GANFENGLITHIUM (01772.HK)](https://longbridge.com/en/quote/01772.HK.md)

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