[SMM Daily Review: Lithium Carbonate Prices Stable on February 5]

Published: Feb 5, 2024 17:45

Source: SMM

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According to SMM, the SMM lithium carbonate battery-grade price index was RMB 95,801/mt on February 5, unchanged from the previous working day. The battery-grade lithium carbonate price range was RMB 943,000-998,000/mt, averaging RMB 971,000/mt, unchanged from the previous working day. The industrial-grade lithium carbonate price range was RMB 880,000-910,000/mt, averaging RMB 895,000/mt, unchanged from the previous working day. Affected by the quiet market atmosphere during the festival period, logistics and trading activities have basically stopped. Currently, downstream manufacturers have basically completed stocking up before the festival, and most small and medium-sized enterprises will start to suspend production this week. In addition, logistics have been hindered by weather and the Spring Festival, trading volumes tend to be light, and the whole market is in a stable state.

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