[SMM Cobalt Lithium Morning Meeting Summary: At the beginning of this week, there was basically no significant change in the spot trading of spodumene and lepidolite compared with last week. Recently, the low auction price of Australian mines without actual transactions and the relatively small counteroffer range given by African mines to miners indicate a certain willingness to hold prices on the supply side of lithium mines...

[SMM Cobalt Lithium Morning Meeting Summary: This week, the prices of lithium mica and spodumene continued to show a downward trend. In the spot market of lithium mica, trading conditions were relatively sluggish. Due to the still pessimistic price trend of lithium carbonate and the recent production scheduling impact of downstream material factories, the demand for lithium mica from lithium salt factories remained weak...]

[SMM Cobalt Lithium Morning Meeting Summary: The spot trading of lithium carbonate market on Monday remained relatively sluggish. Upstream lithium salt manufacturers maintained a wait-and-see attitude, and the overall quotation today was still mainly stable. Futures and spot traders also quoted relatively stable prices today, and some traders reported that the market was relatively flat today, with fewer inquiries from downstream...]

[SMM Analysis: Nickel Cobalt Lithium Salt Prices Continue to Decline Slightly, Scrap Prices Fall by a Small Margin] According to the SMM news on July 5, the average coefficient of nickel cobalt lithium for SMM ternary battery powder was 71% this week, the coefficient of ternary electrode powder was 74%, the average price of lithium point in iron lithium electrode powder was 3625 yuan/lithium point, and the average price of lithium point in iron lithium battery powder was 3275 yuan/lithium point. The average coefficient of nickel cobalt lithium for lithium cobaltate battery powder was 72.5%, and the coefficient of lithium cobaltate electrode powder was 75%.

【SMM Cobalt Lithium Morning Meeting Summary: The trading condition of lithium mica spot market remains flat. Facing the pessimistic trend of continuous decline in the price of lithium carbonate, there are still pressures for the increase of operating rate of lithium salt plants in Jiangxi Province. Coupled with the impact of recent production scheduling of downstream material plants, the demand of lithium salt plants in this region remains weak...】

【SMM Cobalt Lithium Morning Meeting Summary: The spot market transaction of lithium mica is relatively flat at present. From the perspective of demand, the operating rate of non-integrated lithium salt plants in Jiangxi region is still at a low level, and the demand for lithium mica is weak. In addition, lithium salt plants are pessimistic about the subsequent price of lithium carbonate, so it is difficult to improve the operating rate...