[SMM Daily Review] On February 20th, the price of lithium carbonate slightly decreased.

Published: Feb 20, 2024 12:49

Save

SMM February 20th News: SMM battery-grade lithium carbonate index was 95,671 yuan/ton, a decrease of 61 yuan/ton compared to the previous working day; the average price of battery-grade lithium carbonate was 94,000-99,500 yuan/ton, with an average price of 96,800 yuan/ton, a decrease of 150 yuan/ton compared to the previous working day; the average price of industrial-grade lithium carbonate was 88,000-90,800 yuan/ton, with an average price of 89,400 yuan/ton, which remained unchanged compared to the previous working day. Today, the overall willingness of lithium salt companies to sell spot orders remains low, but individual companies have gradually lowered the selling prices of lithium salt. Downstream companies in the positive electrode sector have indicated that current inventory can still support production in the near term, and they continue to focus on long-term contracts for procurement, supplemented by low-priced spot purchases. Some companies have purchased small quantities of low-priced graphite through trading companies. The spot market transaction prices are trending downward.

Originally creatd by Zhuangzhuang GU

More info:florencehu@smm.cn

SMM price New Energy

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

24 mins ago

[SMM Analysis] ITC Rejects Tariffs on Chinese Graphite Anodes, Final Duties Not Imposed

[SMM Analysis] On March 12, 2026, the US International Trade Commission (ITC) ruled against imposing tariffs on graphite imports from China. Below is the complete timeline of the US anti-dumping and countervailing duty (AD/CVD) investigation into China’s active anode material (graphite anode) imports, the duty rates at each stage, and the latest outcome as of March 12, 2026.

24 mins ago

2 hours ago

NDRC Approves Hami-Dunhuang Third 750 kV Transmission Line Project

Recently, the National Development and Reform Commission (NDRC) issued the Reply on the Approval of the Hami–Dunhuang Third 750 kV Transmission Line Project, formally approving the Xinjiang Hami–Dunhuang Third 750 kV Transmission Line Project. The implementation of this project was of great significance for improving the backbone structure of the main power grid in Northwest China, strengthening the mutual support capacity between the Gansu and Xinjiang power grids, and enhancing Xinjiang’s capacity to absorb new energy. According to previously disclosed environmental impact assessment information, the project had a total static investment of 1.3509 billion yuan and was scheduled for completion in March 2027.

2 hours ago

Jijing UHV DC Project Enters Final Feasibility Stage, Aiming for 2029 Operation

On March 12, it was learned from State Grid Jilin Electric Power Co., Ltd. that the project to transmit power from the Songliao Clean Energy Base in Northeast China to North China (the “Jijing UHV DC Project”) officially entered the final stage of the feasibility study. According to the plan, the project is expected to complete project approval in 2026, enter the substantive construction phase in 2027, and be completed and put into operation in 2029.

2 hours ago