Lithium carbonate spot prices continue to rise.

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SMM Battery-Grade Lithium Carbonate Index Price: ¥142,168/ton, up ¥3,685/ton from the previous trading day; Battery-grade lithium carbonate: ¥138,000–¥147,000/ton, average ¥142,500/ton, up ¥4,500/ton from the previous trading day; Industrial-grade lithium carbonate: ¥135,000–¥143,000/ton, average ¥139,000/ton, up ¥4,500/ton from the previous trading day. Today, the main futures contract for lithium carbonate remains within a range, with an intraday increase of 3.66%. The trading price ranges from ¥146,000 to ¥152,400/ton, with open interest decreasing by approximately 2,600 lots compared to the previous trading day. As logistics gradually pause, downstream material manufacturers have mostly completed their February stockpiling. Most companies are observing, with only a few engaging in late-price hedging and sporadic procurement. Overall, market inquiries and transactions are relatively quiet. (Shanghai Nonferrous Metals Network)

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