SMM Daily Report: Lithium carbonate prices remain steady on February

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NewsFlash / Cobalt & Lithium

SMM Daily Report: Stable Lithium Carbonate Prices on February 2nd Despite Decreased Transaction Volumes

Feb 2, 2024 14:00

Source:SMM

SMM Daily Report: Lithium carbonate prices remain steady on February 2nd. SMM's battery-grade lithium carbonate index is 95,801 yuan/ton, up by 71 yuan/ton from the previous working day. The average price for battery-grade lithium carbonate is 94,300-99,800 yuan/ton, with an average price of 97,100 yuan/ton, remaining the same as the previous working day. The average price for industrial-grade lithium carbonate is 88,000-91,000 yuan/ton, with an average price of 89,500 yuan/ton, remaining the same as the previous working day. Although there is still active inquiry activity in the market, the current downstream manufacturers' long-term stockpiling is coming to an end, and the pre-holiday logistics prices have increased significantly. With the approaching Spring Festival, actual transaction volume is low, and today's market conditions are relatively calm. The prices of battery-grade and industrial-grade lithium carbonate have not fluctuated due to sluggish trading.

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