The LCO market is currently stable overall, with mainstream transaction prices for 4.45V/4.48V products at around 230,000 yuan/mt, and prices for 4.50V and above models above 235,000 yuan/mt, flat WoW. The recent decline in lithium carbonate prices has had limited impact on LCO. Demand side, some cathode plants reported that September orders fell short of expectations, and production schedules have declined; supply side, cathode plants have sufficient inventory, which can buffer the transmission pressure from upstream raw material price fluctuations in the short term. With the rise in Co3O4 prices, cost support for LCO is expected to strengthen, and mainstream product transaction prices may rise to 235,000–240,000 yuan/mt next week.
Cong Wang 021-51666838
Rui Ma 021-51595780
Disheng Feng 021-51666714
Yanlin Lü 021-20707875
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Jie Wang 021-51595902
Yang Xu 021-51666760
Lianting Yang 021-51595835
Zhaoyu Wang 021-51666827
