The most-traded lithium carbonate contract rose 1.03% [SMM Futures Review]

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【SMM Lithium Carbonate Market Commentary: LC2505 Most-Traded Contract Rose 1.03%】 On January 17, the lithium carbonate 2505 most-traded contract rose 1.03%. According to the data, the lithium carbonate 2505 most-traded contract opened at 80,500 yuan/mt and closed at 80,740 yuan/mt, with a trading volume of 235,115 lots and an open interest of 244,609 lots, an increase of 7,309 lots compared to the previous trading day. SMM battery-grade lithium carbonate spot prices for the day were 77,000—78,700 yuan/mt, with an average price of 77,850 yuan/mt, showing a slight rise compared to the previous working day. From the trend, lithium carbonate prices opened high on the day and fluctuated at high levels from the opening to the close, with a slight drop near the close, ultimately closing up 1.03%.

SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

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Disheng Feng 021-51666714

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