SMM Daily Review: February 11 Spot Lithium Carbonate Prices Fluctuate Upward
The SMM battery-grade lithium carbonate index price was 138,483 yuan/mt. Battery-grade lithium carbonate was priced at 134,000-142,000 yuan/mt, with an average price of 138,000 yuan/mt. Industrial-grade lithium carbonate was priced at 131,000-138,000 yuan/mt, with an average price of 134,500 yuan/mt.
Today, the most-traded lithium carbonate futures contract showed a fluctuating upward trend. As logistics gradually halted, downstream material plants had largely completed their stockpiling for February, with most enterprises adopting a wait-and-see attitude and holding low psychological price levels for procurement. Overall, market inquiries and transactions remained sluggish.