Lithium Carbonate Prices Hold Steady in SMM Daily Report on January 26th

SMM Daily Report: Lithium Carbonate Prices Hold Steady on January 26th"

SMM reported on January 26th that the battery-grade lithium carbonate index was 95,390 yuan/ton, an increase of 4 yuan/ton from the previous working day. The average price of battery-grade lithium carbonate was 93,500-99,500 yuan/ton, with an average price of 96,500 yuan/ton, holding steady compared to the previous working day. The industrial-grade lithium carbonate was 87,200-90,000 yuan/ton, with an average price of 88,600 yuan/ton, an increase of 100 yuan/ton from the previous working day. The current market remains stable. As the year-end approaches, purchasing volumes have significantly decreased, and the current market mainly consists of sporadic orders with minimal price fluctuations. The price of battery-grade lithium carbonate continues to maintain a relatively stable level. The price of industrial-grade lithium carbonate has shown a slight increase due to a decrease in low-cost supply, but limited purchasing demand, combined with the end of stockpiling by downstream positive electrode manufacturers and reduced production during the Chinese New Year period, has limited the growth of industrial-grade lithium carbonate prices.