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LCO prices remained stable this week

iconJul 24, 2025 16:28
Source:SMM
[LCO prices remained stable this week]

Recently, the price of LCO has remained relatively stable. This week, the price of Co3O4 has held steady, while the price of battery-grade lithium carbonate has seen a significant increase. However, it will take time for this to be reflected in the LCO cathode. On the supply side, Co3O4 enterprises are offering higher quotes for shipments, and LCO cathode plants have low purchase willingness for high-priced Co3O4. On the demand side, end-use demand is weak, leading to a decrease in demand for LCO. Overall, the price of LCO is expected to rise significantly with the increase in the prices of Co3O4 and lithium carbonate.


SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lv 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Jie Wang 021-51595902

Yang Xu 021-51666760

Lianting Yang 021-51595835

Zhaoyu Wang 021-51666827

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