On December 26, lithium prices continued their upward trend and ushered in a landmark breakthrough. Guangji Institute's main contract for lithium carbonate stood strong at the 130,000 yuan/ton mark and hit a new high since November 2023 with an intraday price of 130,800 yuan/ton. By the close of the day, its latest price was 135,500 yuan/ton, with a cumulative increase of 68.72% during the year. Looking at the spot market, lithium carbonate prices are also strong. “Recently, lithium carbonate prices have shown a positive trend, reflecting rising demand in the lithium carbonate market and the gradual increase in market confidence.” Yuan Shuai, Deputy Secretary General of the Zhongguancun Internet of Things Industry Alliance, said in an interview that the rise in lithium prices will have a positive impact on the profit recovery of lithium carbonate manufacturers. As the global NEV and energy storage industries continue to develop, market demand for lithium carbonate will continue to grow.

On December 26, lithium prices continued their upward trend and ushered in a landmark breakthrough. Guangji Institute's main contract for lithium carbonate stood strong at the 130,000 yuan/ton mark and hit a new high since November 2023 with an intraday price of 130,800 yuan/ton. By the close of the day, its latest price was 135,500 yuan/ton, with a cumulative increase of 68.72% during the year. Looking at the spot market, lithium carbonate prices are also strong. “Recently, lithium carbonate prices have shown a positive trend, reflecting rising demand in the lithium carbonate market and the gradual increase in market confidence.” Yuan Shuai, Deputy Secretary General of the Zhongguancun Internet of Things Industry Alliance, said in an interview that the rise in lithium prices will have a positive impact on the profit recovery of lithium carbonate manufacturers. As the global NEV and energy storage industries continue to develop, market demand for lithium carbonate will continue to grow.