This week, driven by a significant rise in the price of battery-grade lithium carbonate, LCO cost support strengthened, leading to a noticeable increase in prices. The mainstream quotations for regular LCO products remained at 230,000 yuan/mt, with actual transactions mostly concentrated around 225,000 yuan/mt. Overall, market demand improved. Q3, being a traditional peak consumption season, saw an increase in stockpiling intentions among downstream battery enterprises, providing strong support for LCO cathode demand.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Zhang Haohan 021-51666752
Wang Zihan 021-51666914
Wang Jie 021-51595902
Xu Yang 021-51666760
Yang Lianting 021-51595835
Wang Zhaoyu 021-51666827
