SMM Daily: Lithium Carbonate Spot Prices Steady on January 20 Despite Slight WoW Decline

[SMM Daily Review: Lithium Carbonate Spot Prices Remained Stable on January 20]

The SMM battery-grade lithium carbonate index price was 77,670 yuan/mt, down 37 yuan/mt WoW. Battery-grade lithium carbonate was quoted at 77,000-78,700 yuan/mt, with an average price of 77,850 yuan/mt, unchanged from the previous working day. Industrial-grade lithium carbonate was quoted at 74,200-75,200 yuan/mt, with an average price of 74,700 yuan/mt, also unchanged from the previous working day. This week, market transactions were sparse as some logistics operations had already ceased. Quotations from upstream lithium chemical plants and downstream material plants remained relatively stable, and prices are expected to continue stable operation in the remainder of the week.