Lithium Carbonate Futures: Main Contract LC2401 Drops 0.38% on January 26th

Lithium Carbonate Futures Daily Report: Main Contract LC2401 Declines by 0.38%

On January 26th, the main contract LC2401 of lithium carbonate futures fell by 0.38%. According to data, the main contract opened at 103,950 yuan/ton and closed at 103,500 yuan/ton, with a trading volume of 41 lots and an open interest of 121 lots, an increase of 9 lots from the previous trading day. The spot price of battery-grade lithium carbonate reported by SMM on the same day was 93,000-100,000 yuan/ton, with an average price of 96,500 yuan/ton, unchanged from the previous working day.

In terms of trend, the price of lithium carbonate futures plummeted at the opening, then fluctuated downward after a slight rebound, dropping to a low of 102,900 yuan/ton at one point before rapidly rising towards the end of the session. After the midday session, the price continued to fluctuate downward, ultimately closing with a 0.38% decline.