China battery-grade lithium carbonate midpoint falls 2,000 yuan to 96,900 yuan/t

The move matters because battery-grade lithium carbonate sits at the base of the EV and energy-storage supply chain, so a lower midpoint feeds directly into cell cost math for automakers and pack makers. The early-session timing is notable too: it signals the direction set before the fuller trading day rather than a settled close. Whether the early decline holds through the session, or reverses once more liquidity arrives, is the open question worth watching.