Lithium Carbonate Prices Decrease on December 15th: SMM Daily Report

SMM Daily Report: Lithium Carbonate Prices Decline on December 15th"

SMM reported on December 15th that the battery-grade lithium carbonate price index was 104,371 yuan per ton, down 2,416 yuan per ton from the previous working day. The average price for battery-grade lithium carbonate was 100,000-109,000 yuan per ton, with an average of 104,500 yuan per ton, down 0.20 yuan per ton from the previous working day. The industrial-grade lithium carbonate was 91,500-96,000 yuan per ton, with an average of 93,800 yuan per ton, down 0.07 yuan per ton from the previous working day. Due to the continuous decline in lithium salt prices, it is gradually approaching the production cost line of lithium salt integrated enterprises. Some lithium salt enterprises are expected to reduce production under continuous loss, and pricing is gradually becoming more cautious. The game between the upstream and downstream in terms of long-term contract discount coefficients is also becoming more intense. The market price and transaction volume are both narrowing.