LCO prices remained stable with an upward trend, supported by downstream stocking demand.

In the LCO market, mainstream transaction prices for 4.45V/4.48V products reached 230,000 yuan/mt, while prices for 4.50V and above models exceeded 235,000 yuan/mt, rising slightly WoW. Despite the recent sharp correction in lithium carbonate futures prices, the impact on LCO costs remains limited for now. Coupled with the continued strength in Co3O4 prices, the overall LCO cathode material market maintains an upward trend. With the concentrated release of new consumer electronics products in September and the launch of "Double 11" shopping festival stockpiling, downstream demand is expected to further strengthen. LCO prices are projected to continue rising slightly next week.

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lü 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