[SMM Lithium Manganese Oxide Weekly Review: Spot Lithium Manganese Oxide Prices Stable This Week]

Published: Apr 26, 2024 20:15 (GMT+8)

Source: SMM

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[SMM Lithium Manganese Oxide Weekly Review: Spot Lithium Manganese Oxide Prices Stable This Week] This week, SMM's price for lithium manganese oxide (capacity type) was 40,000-45,000 RMB/ton, with the overall market price remaining flat compared to last week. Lithium carbonate market prices experienced a slight fluctuation...

This week, SMM's price for lithium manganese oxide (capacity type) was 40,000-45,000 RMB/ton, with the overall market price remaining flat compared to last week. Lithium carbonate market prices experienced a slight fluctuation, but the range was relatively small, having a limited impact on lithium manganese oxide prices. Looking at the demand side, terminal transactions were stable, and inquiry levels did not change significantly compared to the beginning of the week. Capacity type lithium manganese oxide supply is relatively ample. The demand from the low-end digital market can maintain a certain growth rate. The market largely operates on a production-based-on-sales model, leaving some profit margins. Going forward, the overall lithium manganese oxide market price still needs to closely follow downstream demand conditions.

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