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Higher Costs from Rising Lithium Carbonate Prices Have Transmitted to LCO Prices

iconSep 29, 2022 11:22
Source:SMM
SHANGHAI, Sep 29 (SMM) - Recently, LCO prices inched higher as rising prices of upstream lithium carbonate have passed through the downstream LCO.

SHANGHAI, Sep 29 (SMM) - Recently, LCO prices inched higher as rising prices of upstream lithium carbonate have passed through the downstream LCO. On the other hand, tricobalt tetraoxide prices have stabilized. The top-tier LCO plants quoted between 435,000-445,000 yuan/mt. LCO production recovered this month when compared with last month. Battery makers restocked only as needed amid sluggish electronics market.      

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