SMM Daily Review: January 20 Spot Lithium Carbonate Prices Fluctuated Upward

Published: Jan 20, 2026 16:20

Save

[SMM Daily Review: January 20 Spot Lithium Carbonate Prices Fluctuated Upward]

The SMM battery-grade lithium carbonate index stood at 154,099 yuan/mt, up 2,434 yuan/mt from the previous working day. SMM Battery-grade lithium carbonate was priced at 149,000-156,000 yuan/mt, with an average of 152,500 yuan/mt, up 1,500 yuan/mt from the previous working day. SMM Industrial-grade lithium carbonate was priced at 145,000-153,000 yuan/mt, with an average of 149,000 yuan/mt, up 1,500 yuan/mt from the previous working day.

Today, the most-traded lithium carbonate futures contract showed a fluctuating upward trend, with an increase of nearly 9%, closing up at the limit-up price of 160,500 yuan/mt. In terms of actual market transactions, aside from delivering previously signed long-term agreements, upstream lithium chemical plants showed weak willingness to sell spot orders. Downstream material plants continued to purchase as needed, with some adopting a cautious stance and only buying at relatively low price points. Overall, market trading activity slightly decreased compared to the previous period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

Weekly Review of Lithium Carbonate Market: 6.8-6.11 Spot Lithium Carbonate Shows a Stop-Falling and Rebounding, Fluctuating Upward Trend [SMM Weekly Review]

7 hours ago

[SMM Weekly Review] This Week’s Hydrometallurgy Recycling Market: Lithium Prices Retraced, LFP Black Mass Prices Followed Suit and Rose (June 8-11, 2026)

Raw material side, lithium carbonate prices edged up this week, nickel sulphate prices fluctuated, and cobalt sulphate prices continued to fall.

7 hours ago

8 hours ago

[Lithium Battery: Times BAIC Battery Factory's First Cell Rolls Off Production Line]

Recently, the first cell rolled off the production line at the battery factory of Times BAIC (Beijing) New Energy Technology Co., Ltd., marking the start of the mass production phase. Times BAIC was jointly invested in and constructed by CATL, BAIC Group, Beijing Energy Group, and Xiaomi Group. Currently, construction of the factory is nearing completion, with equipment for the second production line undergoing commissioning. Full-scale production is expected to commence in August. For the entire year of 2026, the factory is projected to produce 7.5 GWh of cells. Once the project reaches full capacity, it will form an annual power battery production capacity of 15 GWh, significantly enhancing the product strength and cost advantages for Beijing-Tianjin-Hebei vehicle manufacturers such as BAIC and Xiaomi.

8 hours ago