SMM

【SMM February 1 News】SMM battery-grade lithium carbonate index is 95,730 yuan/ton, increased by 90 yuan/ton compared with the previous working day; battery-grade lithium carbonate spot price is 94,300-998,000 yuan/ton, the average price is 97,100 yuan/ton, increased 300 yuan/ton compared with the previous working day; technical-grade lithium carbonate spot price is 80,000-910,000 yuan/ton, the average price of 89,500 yuan/ton, increased by 300 yuan/ton compared with the previous working day.

For the battery-grade lithium carbon, the converters suspend to the price, while some downstream manufacturers are under the pressure of their orders, in order to maintain the production they have no way but to stock up, coupled with the increased pressure on logistics before the holiday, downstream manufacturers' willingness to purchase lithium carbonate rose slightly.

For the technical-grade lithium carbon, ss logistics in the Qinghai-Tibet region is gradually shrinking, and most recyclers have suspended production due to operating losses, the market supply of technical-grade lithium carbon continues to decrease and transaction prices rise.