Latest Update in the SMM Sodium-ion Battery Market

SMM Tin Midday Review: SHFE Tin Prices Fluctuate Rangebound, Spot Market Trading Pace Slows. As of midday today (11:30), the most-traded SHFE tin futures contract (SN2505) closed at 255,240 yuan/mt, up 2.73% from the previous settlement price. During the session, it reached a high of 256,200 yuan/mt and a low of 251,200 yuan/mt, with an amplitude of 1.94%. In the spot market, traders reported that today's trading volume decreased compared to yesterday, but overall trading remained relatively active. This reflects a slowdown in spot trading pace following the futures rebound.

This week, lithium carbonate spot prices saw a notable decline, with the SMM battery-grade lithium carbonate index dropping by CNY 911/ton to CNY 71,787/ton, driven by macroeconomic uncertainty and persistent oversupply.