The LCO market operated steadily this week, with no significant changes on the demand side. The price increase primarily stemmed from the transmission of upstream raw material costs. Currently, cathode plants have raised their offers for standard-grade products to above 385,000 yuan/mt, while offers for high-voltage grades reached around 400,000 yuan/mt, which largely align with current transaction prices. LCO price trends are closely linked to those of upstream Co3O4 and lithium carbonate, and prices are expected to continue rising in the near term, following the upward movement of these two key raw materials.
Wang Cong, 021-5166-6838
Ma Rui, 021-5159-5780
Feng Disheng, 021-5166-6714
Lu Yanlin, 021-2070-7875
Zhou Zhicheng, 021-5166-6711
Zhang Haohan, 021-5166-6752
Wang Zihan, 021-5166-6914
Wang Jie, 021-5159-5902
Xu Yang, 021-5166-6760
Yang Lianting, 021-5159-5835
Wang Zhaoyu, 021-5166-6827
