Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The spot price of lithium carbonate is fluctuating upward.
Today, the SMM battery-grade lithium carbonate index price fluctuated upward compared to the previous trading day. From the market trend, the main contract opened higher with volatility, reaching as high as around 163k yuan/ton; after midday, prices turned downward, and near the close, they dipped to 150k yuan/ton at one point, then fluctuated narrowly at low levels until the close. As of the market close, the open interest decreased by approximately 8,500 lots compared to the previous trading day.
In terms of actual transactions, upstream lithium salt producers are clearly reluctant to sell and maintain firm prices, with continued weak willingness to sell individual lots; downstream material manufacturers remain cautious and mainly make only necessary purchases. Overall, market inquiry and actual transactions are both relatively light.
Regarding future price trends, considering that downstream procurement sentiment remains cautious and the market lacks sustained buying momentum, it is expected that lithium carbonate prices will continue to fluctuate in the short term. (SMM)