The peak period of supply-side capacity release has ended, and lithium carbonate will usher in a price repair cycle in 2026

According to industry insiders, with the gradual balance of market supply and demand in the future, lithium prices are expected to stabilize and rebound, providing a better market environment for the development of related enterprises. "The peak period of supply-side capacity release has ended. From incomplete statistics, there are no large-scale projects that have been clearly put into production since the second half of 2025. On the demand side, new energy vehicles, energy storage, etc. are expected to maintain a high growth rate, and the situation of oversupply may improve significantly in 2026." "We judge that lithium carbonate has come to the bottom of the cycle as a whole, and it is expected to run in the bottom area for half a year to a year, ushering in a price repair cycle in 2026," Zhang Weixin, a non-ferrous metals analyst at CITIC Jiantou Futures, said in an interview with reporters.