[SMM Daily Review: Lithium Carbonate Spot Prices Rose on January 6]
The SMM battery-grade lithium carbonate index price was 75,561 yuan/mt, up 696 yuan/mt from the previous working day. Battery-grade lithium carbonate was priced at 74,800-76,400 yuan/mt, with an average price of 75,600 yuan/mt, up 700 yuan/mt from the previous working day. Industrial-grade lithium carbonate was priced at 71,850-72,850 yuan/mt, with an average price of 72,350 yuan/mt, up 700 yuan/mt from the previous working day. Due to unrest in a certain region of Africa, the domestic market is considering a potential reduction in subsequent ore import volumes. Under the expectation of reduced ore supply, the price center of lithium carbonate spot transaction prices has been pushed higher. However, whether this will actually impact ore imports and exports remains to be verified.
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