About 90% of Mines in Fujian Close Down on Environmental Checks, SMM Reports

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.

Yinman Mining, wholly-owned by Inner Mongolia Xingye Mining, is fully operational after getting safety production permit.

Ruashi Cu-Co mine owned by Jinchuan Group in Congo (Kinshasa) reported cobalt output at 460 tonnes in June.

The North American copper scrap prices remained more or less unchanged on ScrapMonster Price Index  as on July 10th, Monday.

he North American copper scrap prices remained unchanged on ScrapMonster Price Index  as on July 6th, Thursday.