Lithium Carbonate Futures: LC2401 Main Contract Rises by 1.37%

SMM lithium carbonate futures review: LC2401 main contract rose by 1.37%

On January 23, the main contract of lithium carbonate LC2401 rose by 1.37%. According to data, the main contract of lithium carbonate LC2401 opened at 102,050 yuan/ton and closed at 103,450 yuan/ton with a trading volume of 24 lots and open interest of 94 lots, an increase of 7 lots from the previous trading day. SMM's spot price for battery-grade lithium carbonate on the same day was 93,000-100,000 yuan/ton, with an average price of 96,500 yuan/ton, unchanged from the previous working day.

In terms of trend, after a slight upward fluctuation following the opening of the main contract, there was a subsequent decline and then a fluctuation downward. At midday until the end of the day, there was a sudden large upward movement, reaching a high of 104,050 yuan/ton at one point, followed by a decline, ultimately closing with a 1.37% increase.