SMM Daily Report: Lithium Carbonate Prices Stable on March 20th
On March 20th, SMM reported that the battery-grade lithium carbonate index was 111,357 yuan/ton, a decrease of 19 yuan/ton from the previous working day; the price range for battery-grade lithium carbonate was 11,000-11,510 yuan/ton, remaining stable compared to the previous working day; the price range for industrial-grade lithium carbonate was 10,500-11,000 yuan/ton, with an average price of 10,750 yuan/ton, remaining stable compared to the previous working day.
In the morning, spot lithium salt companies' individual quotes remained relatively stable, with a few companies slightly lowering their individual quotes, but overall pricing has not changed significantly from before. Some downstream companies, such as cathode manufacturers, made small purchases at relatively lower price levels yesterday, while more are waiting for prices to fall today, indicating that the overall market prices are relatively stable.
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