【SMM Daily Review: Spot Lithium Carbonate Prices Fluctuate Downward on April 11】
The SMM battery-grade lithium carbonate index price was 71,636 yuan/mt, down 151 yuan/mt WoW from the previous working day. Battery-grade lithium carbonate prices ranged from 69,900-73,300 yuan/mt, with an average of 71,600 yuan/mt, down 150 yuan/mt WoW from the previous working day. Industrial-grade lithium carbonate prices ranged from 69,150-70,150 yuan/mt, with an average of 69,650 yuan/mt, down 150 yuan/mt WoW from the previous working day. The transaction price center of spot lithium carbonate fluctuated downward. The current spot lithium carbonate market continues to be affected by macro factors, with prices maintaining a fluctuating pattern. Downstream purchasing sentiment has become cautious, and overall trading volume has not shown significant improvement. Although upstream lithium chemical plant quotations have loosened, there remains a significant gap with downstream expected purchase prices. Overall, market activity is basically flat compared to the previous period.
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