LCO: Prices Experienced Minor Fluctuations, Influenced by Both Raw Materials and Export Policies

Published: Feb 5, 2026 17:19

Save

LCO prices experienced minor fluctuations, primarily driven by changes in upstream lithium carbonate prices. Currently, cathode producers have generally raised their quotations for standard-grade products to above 400,000 yuan per mt, with high-voltage LCO reaching up to 420,000 yuan per mt. On the demand side, as the Chinese New Year holiday approaches, enterprises have widely reduced their subsequent production schedules. LCO prices are expected to remain stable in February, with little likelihood of wild swings.

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lu 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

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

6 hours ago

[SMM Analysis] ITC Rejects Tariffs on Chinese Graphite Anodes, Final Duties Not Imposed

[SMM Analysis] On March 12, 2026, the US International Trade Commission (ITC) ruled against imposing tariffs on graphite imports from China. Below is the complete timeline of the US anti-dumping and countervailing duty (AD/CVD) investigation into China’s active anode material (graphite anode) imports, the duty rates at each stage, and the latest outcome as of March 12, 2026.

6 hours ago

8 hours ago

NDRC Approves Hami-Dunhuang Third 750 kV Transmission Line Project

Recently, the National Development and Reform Commission (NDRC) issued the Reply on the Approval of the Hami–Dunhuang Third 750 kV Transmission Line Project, formally approving the Xinjiang Hami–Dunhuang Third 750 kV Transmission Line Project. The implementation of this project was of great significance for improving the backbone structure of the main power grid in Northwest China, strengthening the mutual support capacity between the Gansu and Xinjiang power grids, and enhancing Xinjiang’s capacity to absorb new energy. According to previously disclosed environmental impact assessment information, the project had a total static investment of 1.3509 billion yuan and was scheduled for completion in March 2027.

8 hours ago

Jijing UHV DC Project Enters Final Feasibility Stage, Aiming for 2029 Operation

On March 12, it was learned from State Grid Jilin Electric Power Co., Ltd. that the project to transmit power from the Songliao Clean Energy Base in Northeast China to North China (the “Jijing UHV DC Project”) officially entered the final stage of the feasibility study. According to the plan, the project is expected to complete project approval in 2026, enter the substantive construction phase in 2027, and be completed and put into operation in 2029.

8 hours ago