Today's lithium carbonate spot prices continue to rise

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SMM Battery-grade Lithium Carbonate Index Price: 143,223 RMB/ton, up 1,055 RMB/ton from the previous trading day; Battery-grade Lithium Carbonate: 140,000-147,500 RMB/ton, average 143,750 RMB/ton, up 1,250 RMB/ton from the previous trading day; Industrial-grade Lithium Carbonate: 137,000-143,500 RMB/ton, average 140,250 RMB/ton, up 1,250 RMB/ton from the previous trading day. Today, the main futures contract for lithium carbonate remains within a range, with the spot price fluctuating between 142,400 RMB/ton and 153,100 RMB/ton. Open interest decreased by approximately 12,000 lots compared to the previous trading day. As logistics gradually pause, downstream material manufacturers have mostly completed their February stockpiling. Most companies are now observing, with only a few material producers engaging in procurement. Overall, market inquiry and transaction activity are somewhat subdued. (SMM)

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