Recently, the lithium carbonate futures market volume surge, the price showed a strong oscillation trend. on April 17, the market rumors of lithium ore prices downward, triggering a wide range of market concerns.
After the Spring Festival, overseas lithium mines arrived one after another, with moderate trading prices and rapid shipments. However, lithium ore holders who purchased during the high price period have low willingness to ship, resulting in a shortage of brine spot in the market. This situation makes the market inquiry price increase, the transaction gradually improved.
Meanwhile, Yabao held a tender for the sale of about 100 tons of battery-grade lithium carbonate today, and the final transaction price was RMB 107,000 per ton. This transaction price has become the focus of market attention.
In the futures market, lithium carbonate prices showed a strong trend of oscillation. The main contract LC2407 closed at RMB 109,400/ton, up 0.27% from yesterday's settlement price. Despite the decline in market trading activity, the total volume was still huge, down 83,500 lots. 5-7 spread was -800, showing the volatility and uncertainty of market prices.