The most-traded lithium carbonate contract fell by 2.16% [SMM Market Review]

On September 3, the most-traded lithium carbonate 2411 contract fell by 2.16%. According to the data, the lithium carbonate 2411 contract opened at 75,300 yuan/mt and closed at 74,900 yuan/mt, with a trading volume of 206,102 lots and an open interest of 233,484 lots, an increase of 4,268 lots compared to the previous trading day. SMM's spot battery-grade lithium carbonate was at 72,500-75,600 yuan/mt, with an average price of 74,050 yuan/mt, a decrease of 600 yuan/mt from the previous working day. From the trend, the lithium carbonate price opened lower and continued to fluctuate at a low level, eventually closing down by 2.16%.