MMLC battery-grade lithium carbonate midpoint falls 850 yuan to 92,950 yuan/t

A sub-1% pullback in the MMLC midpoint is routine daily noise, but the framing matters: this is an opening reference, not a settled close, so it sets the tone for how the session's trades get benchmarked. Because battery-grade carbonate feeds directly into lithium-ion cell costs, the read-through lands on cathode and cell makers pricing off this assessment rather than on miners or traders. The open question is whether the softer midpoint holds through the session or gets reversed by later prints.