Lithium Carbonate Futures: Main Contract LC2401 Continues to Decline by 2.45%

Published: Dec 20, 2023 15:26
Lithium carbonate futures review by SMM: LC2401 main contract continues to fall, with a decrease of 2.45%. On December 20th, the main contract of lithium carbonate 2401 continued to decline, with a decrease of 2.45%. According to data, the main contract of lithium carbonate 2401 opened at 99,500 yuan/ton and closed at 97,500 yuan/ton, with a trading volume of 8,123 contracts and an open interest of 26,757 contracts, a decrease of 3,695 contracts from the previous trading day. SMM's battery-grade lithium carbonate spot price for the day was 96,000-106,000 yuan/ton, with an average price of 101,000 yuan/ton, a decrease of 1,000 yuan/ton compared to the previous working day. The main contract 2401 opened slightly lower, rose to a high of 100,950 yuan/ton, and then fell back, followed by a steady operation. After the midday opening, it continued to fluctuate downward, eventually falling by 2.45%.

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.

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