Lithium carbonate market seems to have stagnated. And the current trades are even more gloomy than when its prices were merely 40,000 yuan/mt in September 2020.
Lithium carbonate prices have been in a downward cycle. As of March 27, SMM battery-grade lithium carbonate (domestic, 99.5%) prices stood between 254,000-286,000 yuan/mt, a loss of 5,000 yuan/mt from the previous trading day.
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