[SMM LMO News]

Published: Oct 09, 2026 09:06 (GMT+8)

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For LMO, enterprises generally maintained production during the National Day holiday, but order saturation was clearly insufficient, and market trading remained weak. The direct trigger for this round of demand weakening came from wild swings in lithium carbonate prices. In September, lithium carbonate prices saw a notable decline, and the market became deeply divided over the future trend. Downstream battery cell manufacturers and related buyers widely adopted a wait-and-see strategy of "rush to buy amid continuous price rise and hold back amid price downturn" — worried that prices would continue to fall after chasing highs, they generally suspended large-scale purchases after entering October, maintaining only a small-batch, as-needed restocking pace.

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