【SMM Lithium Carbonate Futures Review: LC2411 Main Contract Fell 0.95% Further】On July 16, the main contract of lithium carbonate 2411 continued to decline by 0.95%. According to data, the lithium carbonate 2411 main contract opened at 87,900 yuan/ton on that day and closed at 88,800 yuan/ton, with a trading volume of 139,709 lots and an open interest of 183,897 lots, a decrease of 2,443 lots compared with the previous trading day. The spot price of battery-grade lithium carbonate on the same day quoted by SMM ranged from 85,800 to 90,100 yuan/ton, with an average price of 87,950 yuan/ton, a decrease of 1,500 yuan/ton from the previous working day. From the trend, the price of lithium carbonate fell first and then rose after opening on that day, followed by a stable operation with fluctuations until the end of the morning session. After the afternoon session opened, the main contract rose steadily but ultimately closed down 0.95%.
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