NewsFlash / Cobalt & Lithium / SMM Daily: Lithium Carbonate Prices Decline Slightly on Dec. 13
SMM Daily: Lithium Carbonate Prices Decline Slightly on Dec. 13
iconDec 13, 2024 13:36
Source:SMM
【SMM Daily Review: Lithium Carbonate Prices Slightly Declined on December 13】
The SMM battery-grade lithium carbonate index price was 76,268 yuan/mt, down 129 yuan/mt MoM from the previous workday; battery-grade lithium carbonate ranged from 75,000 to 77,800 yuan/mt, with an average price of 76,400 yuan/mt, down 150 yuan/mt MoM from the previous workday; industrial-grade lithium carbonate ranged from 72,650 to 73,650 yuan/mt, with an average price of 73,150 yuan/mt, down 150 yuan/mt MoM from the previous workday. Some traders recently transacted with material plants at relatively lower price points, causing the center of transaction prices in the lithium carbonate spot market this week to move downward. Upstream lithium chemical smelters still exhibited sentiment to stand firm on quotes at this period. Considering the narrowing monthly destocking extent of lithium carbonate, combined with the accumulated inventory levels, it is expected that there will be slight downside room for spot prices of lithium carbonate.

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