SMM Daily Review: Spot Lithium Carbonate Prices, Futures Decline on Sept 10 Amid Supply-Demand Dynamics

Published: Sep 10, 2025 11:59

Save

[SMM Daily Review: Spot Lithium Carbonate Prices Dipped on September 10]
The SMM battery-grade lithium carbonate index stood at 73,414 yuan/mt, down 1,175 yuan/mt from the previous trading day. Battery-grade lithium carbonate prices ranged between 71,500-75,400 yuan/mt, averaging 73,450 yuan/mt, down 1,150 yuan/mt MoM. Industrial-grade lithium carbonate prices were quoted at 70,600-71,800 yuan/mt, with an average of 71,200 yuan/mt, also declining 1,150 yuan/mt from the prior session.
Lithium carbonate futures plunged sharply today, nearly hitting the lower limit at one point, while downstream material plants significantly increased their pricing activity. Currently, during the peak demand season, these plants exhibit rigid procurement needs, with stronger purchase willingness when prices remain relatively low. In terms of supply, spodumene-derived lithium carbonate now accounts for over 60% of total production, serving as a key market support, while lepidolite-sourced output dropped to 15%. Overall, September saw simultaneous growth in supply and demand, though demand expanded at a faster pace, likely leading to a temporary supply tightness within the month.

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