The SMM battery-grade lithium carbonate index stood at 150,467 yuan/mt. Battery-grade lithium carbonate was priced at 142,000–165,000 yuan/mt, with an average price of 153,500 yuan/mt Industrial-grade lithium carbonate was priced at 139,000–161,000 yuan/mt, with an average price of 150,000 yuan/mt.
Today, the most-traded lithium carbonate futures contract moved sideways, trading mainly in the range of 137,500–151,900 yuan/mt. In terms of trading activity, upstream lithium chemical plants showed a clear tendency to hold prices firm, with limited willingness to sell spot orders. Downstream material plants, driven by February stockpiling demand, mostly adopted a strategy of buying the dip. Overall market inquiries and transactions remained largely stable.
