SMM Lithium Carbonate Futures Surge 3.39% in LC2411 Contract Amid Session Volatility

Published: Sep 9, 2024 15:05

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[SMM Lithium Carbonate Futures Review: LC2411 Main Contract Up 3.39%] On September 9, the main contract for lithium carbonate 2411 rose 3.39%. According to data, the lithium carbonate 2411 main contract opened at 70,300 yuan/ton and closed at 73,150 yuan/ton on the same day, with a trading volume of 214,357 lots and an open interest of 234,926 lots, a decrease of 4,374 lots from the previous trading day. SMM's spot price for battery-grade lithium carbonate on the same day was 70,300-74,200 yuan/ton, with an average price of 72,250 yuan/ton, a decrease of 350 yuan/ton from the previous working day. In terms of the trend, the price of lithium carbonate fluctuated moderately during the session, rebounded in the closing session, and ultimately closed up 3.39%.

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.

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