SMM Daily Review: February 10 Spot Lithium Carbonate Prices Fluctuated Upward

Published: Feb 10, 2026 17:33

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The SMM battery-grade lithium carbonate index was 134,406 yuan/mt. SMM Battery-grade lithium carbonate was quoted at 132,000-140,000 yuan/mt, with an average price of 136,000 yuan/mt. SMM Industrial-grade lithium carbonate was quoted at 129,000-136,000 yuan/mt, with an average price of 132,500 yuan/mt.

Today, the most-traded lithium carbonate futures contract moved sideways. As logistics gradually halted, downstream material plants largely completed February stockpiling. Most enterprises turned cautious and adopted a wait-and-see approach, with low psychological price levels for procurement. Some plants engaged in back-pricing and closing positions when prices were relatively low. Overall, market inquiries and transactions were sluggish.

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