TREE NEWS reports: The MMLC battery-grade lithium carbonate midprice stood at 128,850 yuan per tonne in early trading, up 1,250 yuan from the previous day’s 16:30 level. The early-session quote marks a higher reference price for the battery material used in lithium-ion cells.
China Battery-Grade Lithium Carbonate Midprice Rises to 128,850 Yuan/Tonne
AI take
A single-day midprice move of this size is a marginal shift in the reference price, not a change in market structure, and the MMLC quote functions as an assessment level rather than a traded settlement. The read-through matters most for battery cell makers and lithium converters who benchmark contract talks against this number. Whether the higher early-session quote holds through the full trading day, or fades back toward the prior 16:30 level, is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
5m ago
China’s 1-Month Treasury Cash Deposit Rate Falls to 1.42%
8m ago
Nikkei 225 falls 0.4%, Topix gains 1.5% at morning close
9m ago
MMLC battery-grade lithium carbonate midpoint falls to 91,850 yuan/t
17m ago
Shanghai and Shenzhen Turnover Tops 1 Trillion Yuan 50 Minutes After Open
17m ago
ChiNext Index Rises Over 3%, STAR 50 Up More Than 5% as Nearly 4,700 Stocks Gain
18m ago
Chinese team develops low-cost amorphous sodium solid electrolyte