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》View SMM Cobalt and Lithium Product Prices, Data, and Market Analysis
》Subscribe to View Historical Spot Price Trends of SMM Cobalt and Lithium Products
This week, LCO prices continued to drop slightly, with the latest prices for 4.2V/4.4V/4.5V LCO at 134,000/138,000/149,000 yuan/mt, respectively. Raw material side, Co3O4 prices saw a significant decline this week, while battery-grade lithium carbonate prices showed relatively small changes, leading to a decrease in LCO costs. Supply side, due to the off-season in consumption and fewer calendar days in February, LCO production decreased MoM. Demand side, driven by subsidy policies for digital products, sales in the digital 3C market increased significantly, boosting LCO market demand.
SMM New Energy Research Team
Cong Wang 021-51666838
Xiaodan Yu 021-20707870
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Xiaoxuan Ren 021-20707866
Yushuo Liang 021-20707892
Jie Wang 021-51595902
Yang Xu 021-51666760
Lianting Yang 021-51595835
For queries, please contact William Gu at williamgu@smm.cn
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