Lithium carbonate spot prices are fluctuating and rising.

K-LinePoet

2026-03-20 20:43:36

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Today, the SMM Battery Grade Lithium Carbonate Index prices fluctuated upward compared to the previous trading day. From the market trend, the main contract oscillated between 162,000 yuan/ton and 166,000 yuan/ton in the early session, with open interest increasing by about 10,000 lots at one point; after midday, prices slightly retreated and consolidated within a narrow range around 160,000 yuan/ton. By the close, open interest increased by approximately 2,000 lots compared to the previous trading day.

In terms of actual transactions, upstream lithium salt producers still have limited spot shipments and are strongly holding prices, showing a reluctance to sell. Downstream material manufacturers remain cautious and observant; some companies actively purchased and stocked up when prices were relatively low earlier, but as prices gradually rose, their purchasing enthusiasm has cooled. Overall, market inquiries and transactions are relatively subdued.

Considering that upstream lithium salt producers still have a strong price support sentiment, while downstream material manufacturers’ cautious attitude has intensified after prices increased, the market lacks sustained momentum for chasing higher prices. It is expected that lithium carbonate prices will remain volatile in the short term. (SMM)

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