SMM

After the Lantern Festival, most wet-process plants and powdering plants basically resumed normal operations. The market showed a strong sentiment to stand firm on quotes, leading to a slight rise in ternary coefficients and LFP lithium points. However, as post-holiday lithium carbonate prices continued to decline slightly and nickel sulphate and cobalt sulphate prices remained basically flat, the subsequent upside room is expected to be relatively limited.