The most-traded lithium carbonate contract rose 0.05% [SMM Market Commentary]

Published: Dec 26, 2024 15:16

Save

[SMM Lithium Carbonate Market Commentary: LC2505 Most-Traded Contract Rose by 0.05%] On December 26, the LC2505 most-traded lithium carbonate futures contract rose by 0.05%. According to the data, the LC2505 most-traded contract opened at 77,660 yuan/mt and closed at 77,180 yuan/mt. The trading volume was 106,661 lots, and the open interest was 151,398 lots, an increase of 6,765 lots compared to the previous trading day.

》View SMM Cobalt and Lithium Product Prices, Data, and Market Analysis

》Subscribe to View Historical Spot Price Trends of SMM Cobalt and Lithium Products

SMM December 26 News: 【SMM Lithium Carbonate Futures Review: LC2505 Most-Traded Contract Rose 0.05%】 On December 26, the lithium carbonate 2505 most-traded contract rose 0.05%. According to the data, the lithium carbonate 2505 most-traded contract opened at 77,660 yuan/mt and closed at 77,180 yuan/mt, with a trading volume of 106,661 lots and an open interest of 151,398 lots, an increase of 6,765 lots compared to the previous trading day. SMM's battery-grade lithium carbonate spot price for the day was 74,400–76,800 yuan/mt, with an average price of 75,600 yuan/mt, unchanged from the previous working day. From the trend perspective, the lithium carbonate price fluctuated slightly downward after the opening, stabilized and rose during the session, and fluctuated downward again in the afternoon, ultimately closing up 0.05%.

SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Ziya Lin 86-2151666902

Ye Yuan 021-51595792

Disheng Feng 021-51666714

Ying Xu 021-51666707

Yanlin Lü 021-20707875

Yujun Liu 021-20707895

Xiaodan Yu 021-20707870

Xiaoxuan Ren 021-20707866

Zhicheng Zhou 021-51666711

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

10 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

10 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

10 hours ago