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[SMM Analysis] LCO Prices Slightly Decreased This Week, Downstream Demand Improved

  • Feb 06, 2025, at 3:50 pm
[LCO Prices Remained Stable This Week, Market Expected to Recover After the Holiday] This week, LCO prices saw a slight decline, with prices for 4.2V/4.4V/4.5V specifications at 134,000/137,000/149,000 yuan/mt, respectively. This week, battery-grade lithium carbonate prices experienced a certain degree of reduction, which led to a slight decrease in the production cost of LCO.

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This week, LCO prices saw a slight decline, with prices for 4.2V/4.4V/4.5V specifications at 134,000/137,000/149,000 yuan/mt, respectively. This week, battery-grade lithium carbonate prices experienced a certain degree of reduction, which in turn led to a slight decrease in the production cost of LCO. Currently, as the Chinese New Year holiday has just ended, most enterprises have resumed operations, and production rhythms are gradually recovering. At present, the market is mainly in the stage of fulfilling pre-holiday orders. With the end of the Chinese New Year holiday, mobile phone producers have actively started stockpiling; meanwhile, the vigorous implementation of national subsidy policies has further driven the development of the industry. As downstream enterprises gradually return to normal production, their demand for LCO procurement has significantly increased.


SMM New Energy Research Team

Cong Wang 021-51666838

Xiaodan Yu 021-20707870

Rui Ma 021-51595780

Ying Xu 021-51666707

Disheng Feng 021-51666714

Yujun Liu 021-20707895

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Yushuo Liang 021-20707892

Jie Wang 021-51595902

Yang Xu 021-51666760

Lianting Yang 021-51595835

Yue Lei 021-20707845

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