[SMM Daily Review: Lithium Carbonate Spot Prices Remain Stable on January 24]
The SMM battery-grade lithium carbonate index price was 77,729 yuan/mt, up 8 yuan/mt WoW. Battery-grade lithium carbonate was quoted at 77,100-78,700 yuan/mt, with an average price of 77,900 yuan/mt, unchanged from the previous working day. Industrial-grade lithium carbonate was quoted at 74,250-75,250 yuan/mt, with an average price of 74,750 yuan/mt, also unchanged from the previous working day. This week, market transactions were sparse as some logistics operations had already ceased. After the Chinese New Year holiday, demand gradually recovered. Considering the progress of long-term order signing, the lithium carbonate spot market is expected to remain relatively active, with a slight upward potential in spot prices.

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