Lithium carbonate spot prices continue to decline

The battery-grade lithium carbonate index price is 141,706 yuan/ton, down 8,125 yuan/ton compared to the previous trading day; battery-grade lithium carbonate is priced at 136,000-152,000 yuan/ton, with an average of 144,000 yuan/ton, down 9,000 yuan/ton from the previous trading day; industrial-grade lithium carbonate is priced at 133,000-148,000 yuan/ton, with an average of 140,500 yuan/ton, down 9,000 yuan/ton from the previous trading day. Today, the main futures contract for lithium carbonate showed a volatile downward trend, falling to the limit down at midday, then fluctuating narrowly until the close. Prices mainly ranged from 132,300 to 147,300 yuan/ton, with open interest decreasing by 30,000 lots compared to the previous trading day. From the trading activity, upstream lithium salt producers showed weak willingness to sell individual lots and maintained a strong price support sentiment; downstream material manufacturers adopted a strategy of buying on dips. As prices declined, inquiries and transaction enthusiasm became relatively active. (SMM)