Zijin Mining Profit Jumps 15-fold in First Quarter

Today's lithium carbonate market saw a minor decrease, with the SMM index at 110,714 yuan/ton (~$15,270.90 USD/ton) and futures dropping by 2.14%.

On March 20th, lithium carbonate futures slightly increased by 0.99% to 117,200 yuan/ton, while spot prices remained stable at an average of 112,550 yuan/ton, indicating market equilibrium.

On March 13th, lithium carbonate futures rose by 0.38% to 118,800 yuan/ton, with spot prices reaching 111,000 yuan/ton, signaling a market in cautious optimism.

On March 8th, lithium carbonate futures fell by 0.70% to 113,350 yuan/ton, while spot prices slightly increased to an average of 108,900 yuan/ton, amid ongoing market adjustments.

On March 6th, lithium carbonate futures fell by 1.17% to 114,000 yuan/ton, while spot prices remained stable at an average of 107,500 yuan/ton amidst market steadiness.

SMM battery-grade lithium carbonate index is 95,730 yuan/ton, increased by 90 yuan/ton compared with the previous working day; battery-grade lithium carbonate spot price is 94,300-998,000 yuan/ on, the average price is 97,100 yuan/ton, increased 300 yuan/ton compared with the previous working day; technical-grade lithium carbonate spot price is 80,000-910,000 yuan/ton, the average price of 89,500 yuan/ton, increased by 300 yuan/ton compared with the previous working day.