LCO prices remained stable this week

In the LCO market, mainstream quotations for regular models were 220,000-230,000 yuan/mt, while high-voltage models (above 4.5V) had a quotation range of 230,000-250,000 yuan/mt, with limited changes WoW. Lithium carbonate prices, as raw material, have recently seen another significant decrease, but this has not yet significantly affected LCO prices. Q3 is traditionally a peak consumption season, and downstream battery companies' stockpiling intentions have strengthened, providing strong support for demand in LCO cathode materials.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lv Yanlin 021-20707875

Zhou Zhicheng 021-51666711

Zhang Haohan 021-51666752

Wang Zihan 021-51666914

Wang Jie 021-51595902

Xu Yang 021-51666760

Yang Lianting 021-51595835

Wang Zhaoyu 021-51666827