SMM battery-grade lithium carbonate index stood at 136,038 yuan/mt. Battery-grade lithium carbonate was priced at 127,000-142,000 yuan/mt, with an average of 134,500 yuan/mt. Industrial-grade lithium carbonate was priced at 124,000-138,000 yuan/mt, with an average of 131,000 yuan/mt.
Today, the most-traded lithium carbonate futures contract moved sideways, trading mainly between 124,100 yuan/mt and 138,500 yuan/mt. On the trading front, upstream lithium chemical plants showed strong willingness to hold prices firm and limit sales. Downstream material plants adopted a strategy of buying the dip. Currently, stockpiling by downstream material plants ahead of the Chinese New Year in February is nearly complete, and market inquiries and transactions remained relatively stable.
![Pre-Labour Day Holiday Restocking and Stockpiling, Suppliers' Offers Remained Firm, Magnesium Prices Rose for Two Consecutive Days [SMM Commentary]](https://imgqn.smm.cn/usercenter/vbcyk20251217171723.jpeg)
![March Battery Materials Import and Export Data Released, Spodumene Imports Hit New High, Lithium Carbonate Continued YoY Growth [SMM Special Report]](https://imgqn.smm.cn/usercenter/Jgxij20251217171726.jpg)
