SHANGHAI, Oct 24 (SMM) – The SMM battery-grade lithium carbonate index was 168959 yuan/mt on October 24, a decrease of 1081 yuan/mt from the previous working day. Battery-grade lithium carbonate price range was 164,000-176,000 yuan/mt, a decrease of 1,000 yuan/mt from the previous working day; industrial-grade lithium carbonate price range was 157,000-165,000 yuan/mt, a decrease of 1,000 yuan/mt.
End-user demand is lower than expected. Downstream buyers barely made purchases. Amid growing wait-and-see sentiment and chronic oversupply, spot prices kept falling.

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