SMM Daily Review And Comment: Lithium Carbonate Prices Continue To Fall Amid Prevailing Bearish Sentiment 

The SMM battery-grade lithium carbonate index is 130,566 yuan/mt today November 30, down 1,786 yuan/mt from the previous working day; battery-grade lithium carbonate price range is 126,000-136,000 yuan/mt, with an average price of 131,000 yuan/mt, down 1,000 yuan/mt from the previous working day.

Currently, affected by factors such as the continued weakening of terminal demand, the release of goods by a major domestic salt lake factory on the supply side, and the successive arrival of overseas imported lithium salts at ports, the short-term surplus situation in the lithium carbonate market remains, the market sentiment remains pessimistic, driving transaction prices to continue to decline.