Market Overview: On May 17, the lithium carbonate market saw a rebound with both futures and spot prices showing mixed performance. The main 2407 futures contract rose by 2.45%, while the spot market prices remained stable overall.
Spot Market:
Futures Market: The main lithium carbonate 2407 contract opened at 104,500 yuan per ton (~14,453.67 USD/ton) and closed at 106,450 yuan per ton (~14,723.37 USD/ton). The trading volume was 147,292 contracts, and open interest decreased by 12,676 contracts to 184,611. After a stable morning session, prices steadily rose throughout the day, ultimately closing up by 2.45%.
Looking Forward:
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