SMM Daily Review: Spot Lithium Carbonate Prices Edged Down on February 27

Published: Feb 27, 2026 17:11

Save

[SMM Daily Review: February 27 Spot Lithium Carbonate Prices Edged Down]

Today, SMM lithium carbonate prices edged down slightly compared with the previous working day. On the futures side, the most-traded contract dipped below 170,000 yuan/mt after opening, then rebounded to around 173,000 yuan/mt and fluctuated rangebound. In the afternoon session, prices edged up and hovered around 176,000 yuan/mt until the close, with open interest increasing by about 6,400 lots from the previous trading day.

In terms of actual transactions, offers from upstream lithium chemical plants remained firm, while willingness to sell spot orders weakened compared with the previous day. Downstream material plants showed some recovery in purchase willingness when prices were at relatively low levels, but most remained cautious and adopted a wait-and-see stance. Overall, market inquiries and transactions remained sluggish.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

May 16, 2026 08:21

Cobalt Product Prices Largely Stable, Cobalt Intermediate Products Firm Amid Shipping Disruptions — What Are Expectations for Future Cobalt Prices? [Weekly Review]

May 16, 2026 08:21

May 15, 2026 19:18

Camel Group Unveils New 5-Year Strategic Plan Focused on Battery Ecosystem Expansion

[Lead-acid Battery Enterprise Updates] It was reported that Camel Group stated on its investor platform that the company has released a new five-year strategic plan. Centered on the "battery ecosystem" strategy, the plan is expected to drive the coordinated development of four major business segments: lead-acid batteries, low-voltage lithium batteries, battery recycling, and the battery industry chain. Core strategic initiatives include: expanding the automotive low-voltage lead-acid battery business, strengthening the automotive low-voltage lithium battery business, optimizing the battery recycling business, and deepening and broadening the battery industry chain business.

May 15, 2026 19:18

May 15, 2026 16:07

[SMM Survey] Weekly Review of the Hydrogen Energy Electrolysis Cell Industry, 0508-0515, 2026

May 15, 2026 16:07