Lithium Carbonate 2401 Main Contract Falls by 0.67% in SMM Futures Review

SMM Lithium Carbonate Futures Review: LC2401 main contract falls by 0.67%

On January 18th, the main contract for lithium carbonate 2401 fell by 0.67%. According to data, the main contract for lithium carbonate 2401 opened at 103,550 yuan/ton and closed at 104,200 yuan/ton, with a trading volume of 48 lots and an open interest of 62 lots, an increase of 6 lots from the previous trading day. The spot price for battery-grade lithium carbonate on the same day was 93,000-100,000 yuan/ton, with an average price of 96,500 yuan/ton, which remained unchanged from the previous working day. Looking at the trend, the main contract showed a slight upward trend after the opening, followed by a slight fall, and then continued to fluctuate downward until a slight rebound at the end of the trading day. After a slight decline following the midday break, there was a rapid rebound, followed by stable oscillation, and then a sharp rise at the end of the trading day, ending with a 0.67% fall.