Today's lithium carbonate spot prices continue to decline

robot
Abstract generation in progress

SMM Battery Grade Lithium Carbonate Index Price: ¥150,467/ton, down ¥3,967/ton from the previous trading day; Battery Grade Lithium Carbonate: ¥142,000-165,000/ton, with an average of ¥153,500/ton, down ¥2,000/ton from the previous trading day; Industrial Grade Lithium Carbonate: ¥139,000-161,000/ton, with an average of ¥150,000/ton, down ¥2,000/ton from the previous trading day. Today, the main futures contract for lithium carbonate shows a range-bound pattern, with prices mainly fluctuating between ¥137,500 and ¥151,900/ton, and open interest increased by 8,000 lots compared to the previous day. From the trading activity, upstream lithium salt producers are clearly maintaining price support, with generally low willingness to sell in scattered orders; downstream material manufacturers, based on February inventory preparation needs, are mainly adopting a buy-the-dip strategy. Overall market inquiry and transaction levels remain basically stable. (Shanghai Nonferrous Metals Network)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)