Lithium Carbonate to Drop Slightly after CNY Holiday

Published: Jan 20, 2023 15:18

Source: SMM

Save

The prices of lithium carbonate were largely stable with a slight decline this week.

SHANGHAI, Jan 20 (SMM) - The prices of lithium carbonate were largely stable with a slight decline this week. The logistics companies already suspended operation, and most manufacturers were closed as well. Therefore, the quotations were flat if there were any. However, some large lithium salt manufacturers who faced inventory pressure still made shipment, thus dragging down the spot prices. As for price forecast, the lithium salt factories may be keen on making shipment with the increase in inventory after the holiday. But their tough attitude in holding prices firm will discourage cathode material plants from stocking in the short term. It is expected that the post-holiday lithium carbonate prices may drop slightly.

Market Market

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 hours ago

Contract For 3,000 Tons Of Lithium Carbonate Terminated

On March 16, 2026, Xi'an Lanshen New Material Technology Co., Ltd. announced the formal termination of the "Sales Contract for a 3,000 Tons/Year Battery-Grade Lithium Carbonate Extraction Plant" signed with HANACOLLA S.A. from Argentina. The core reason for this contract termination was a change in the overall project planning. Given that the "Sales Contract" was still within its validity period and partially fulfilled, the two parties reached an agreement after friendly negotiations. According to the signed "Termination Agreement," the original sales contract will be terminated from the date of the agreement's signing.

6 hours ago

CATL Jinchui Battery Base Nearing Delivery

Recently, the CATL New Energy Battery Base Project (Jinchui Phase I) located in Badu Town, Jiaocheng District, Ningde City, Fujian Province, is scheduled to complete delivery by the end of April 2026. Jinchui Phase I involves a total investment of approximately 2 billion yuan, covering about 900 mu of land. It plans to construct approximately 370,000 square meters of new energy battery intelligent manufacturing standard factories and supporting auxiliary facilities. Upon completion, it will become an important production base for CATL in Jiaocheng District. CATL disclosed that its production capacity reached 772 GWh in 2025, with 321 GWh under construction.

6 hours ago

Shengquan Group Achieves Key Breakthrough in Sodium-ion Battery Material Industrialization

On March 17, Shengquan Group (605589.SH) disclosed on the investor interaction platform that the company had completed construction of a 10 kt sodium-ion battery hard carbon anode production line. Products developed based on the dual technology routes of biomass refining and resin have successfully entered the supply chains of leading battery cell enterprises and can be adapted to multiple application scenarios including energy storage and 3C. The industrialisation layout of sodium-ion battery materials has achieved a key breakthrough.

6 hours ago