SMM Daily Report: Lithium Carbonate Prices Slightly Rebound on January 29th"
SMM reported on January 29th that the battery-grade lithium carbonate index was 95,409 yuan/ton, an increase of 19 yuan/ton from the previous working day; the price range for battery-grade lithium carbonate was 94,000-99,500 yuan/ton, with an average price of 96,800 yuan/ton, an increase of 300 yuan/ton from the previous working day; the price range for industrial-grade lithium carbonate was 88,000-90,000 yuan/ton, with an average price of 89,000 yuan/ton, an increase of 400 yuan/ton from the previous working day.
The prices of battery-grade and industrial-grade lithium carbonate both increased today, partly due to the suspension of logistics during the Spring Festival, prompting enterprises to make advance purchases to ensure supply for February orders. On the other hand, lithium salt manufacturers maintained a firm pricing attitude, and the circulation of mid-to-low-end lithium salt products in the market gradually decreased. Despite active inquiry behavior, the actual increase in transaction volume was relatively limited.
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