On July 8, Ganfeng Lithium fell 3.05% in regular trading, trading at 45.3 HKD/share, with turnover of 80.904 million HKD.

On the news front, lithium carbonate futures extended their downtrend, with the 2609 contract previously closing down 2.65% at 164,600 yuan/ton. The spot market remained subdued, with upstream and downstream participants still locked in price negotiations. The company previously stated on its investor relations platform that the June lithium price decline was primarily driven by spot off-season dynamics, rising inventory concerns, and persistent futures weakness, though lithium salt supply-demand remains in a tight balance.

Within the Specialty Chemicals sector, peer Tianqi Lithium fell 4.96%, demonstrating clear sector linkage. Institutions noted that short-term lithium prices may continue a weak oscillation pattern, with second-half demand growth yet to materialize clearly. From public market information, new cathode material capacity is expected to come online in the second half, which could further drive lithium resource demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)