SMM

On December 4, the most-traded lithium carbonate 2501 contract fell by 2.49%. According to the data, the most-traded lithium carbonate 2501 contract opened at 78,150 yuan/mt and closed at 76,300 yuan/mt, with a trading volume of 247,401 lots and an open interest of 217,701 lots, an increase of 40,465 lots from the previous trading day. SMM's battery-grade lithium carbonate spot cargo was quoted at 77,100–79,100 yuan/mt, with an average price of 78,100 yuan/mt, a decrease of 150 yuan/mt from the previous working day. From the trend, the lithium carbonate price fluctuated continuously after opening, plummeted sharply during the session, and fluctuated at a low level. After midday, it continued to fluctuate downward until the close, ultimately closing down by 2.49%.