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

iconFeb 20, 2024 12:49
Source:SMM
[SMM Daily Review] On February 20th, the price of lithium carbonate slightly decreased.

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

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