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This WeekLithium Cobalt Oxide (LCO) PricesDeclined Slightly, with the Latest Prices for 4.2V/4.4V/4.5VLCOat 134,000/138,000/149,000 yuan/mt, respectively. By year-end, affected by weakening demand for consumer electronics, LCO orders slightly decreased, leading to a decline in the production schedule. Currently, the LCO market is adopting a volume discount strategy, with some companies choosing to offer moderate concessions to secure orders. Coupled with the recent weakening of raw material prices for lithium carbonate and Co3O4, the spot market prices of LCO are facing significant resistance to rebound.
SMM New Energy Research Team
Cong Wang 021-51666838
Xiaodan Yu 021-20707870
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Xiaoxuan Ren 021-20707866
Yushuo Liang 021-20707892
Jie Wang 021-51595902
Yang Xu 021-51666760
Lianting Yang 021-51595835
