Group 1 - The domestic futures market for non-ferrous metals showed significant gains on February 9, with lithium carbonate futures experiencing high volatility, closing at 136,780.0 CNY/ton, an increase of 3.39% [1] Group 2 - On February 9, the market price range for high-quality lithium carbonate was between 135,600 and 139,200 CNY/ton, up by 3,950 CNY from the previous working day. Battery-grade lithium carbonate ranged from 134,200 to 139,200 CNY/ton, increasing by 4,200 CNY, while industrial-grade lithium carbonate was priced between 131,500 and 136,500 CNY/ton, up by 4,500 CNY [2] Group 3 - Supply side analysis indicated that lithium salt plants began maintenance in February, leading to a decrease in production. As of the week ending February 6, the weekly production of lithium carbonate was 20,744 tons, a decrease of 825 tons week-on-week, while weekly inventory stood at 105,463 tons, down by 2,019 tons [2] Group 4 - Demand analysis revealed that downstream material manufacturers reported an overall price decline, with phosphate iron lithium prices changing by -11.97%, ternary material prices by -3.69%, hexafluorophosphate lithium by -11.58%, and electrolyte prices by -5.84%. The terminal battery cell market saw a price increase of 0.95% [2] Group 5 - Looking ahead, it is expected that social inventory will continue to decrease, maintaining strong reality. However, the demand for pre-holiday stocking has largely been released, reducing support for the market before the Spring Festival. It is anticipated that lithium carbonate will experience fluctuations and adjustments, with recommendations to wait for stabilization before making low-position investments or employing a dual-sell options strategy [2]

Group 1 - The core viewpoint of the article indicates that lithium carbonate futures have shown a significant increase in price and trading volume, reflecting a bullish market sentiment driven by demand and supply dynamics [1][4]. Group 2 - As of January 23, 2026, the main contract for lithium carbonate futures closed at 181,520 CNY/ton, with a weekly increase in open interest by 22,595 contracts [1]. - During the week of January 19-23, the opening price for lithium carbonate futures was 147,600 CNY/ton, reaching a high of 182,000 CNY/ton and a low of 142,200 CNY/ton, resulting in a weekly price change of 18.55% [1]. Group 3 - On January 23, the price range for high-quality lithium carbonate was adjusted to 166,800-172,500 CNY/ton, with an increase of 2,950 CNY from the previous working day [2]. - The total inventory of lithium carbonate decreased slightly by 0.71% (783 tons) to approximately 108,900 tons [2]. Group 4 - Market sentiment is optimistic due to strong demand and supply disruptions, with short-term expectations for lithium carbonate to maintain a strong oscillating trend [4]. - Recent rumors suggest that CATL (Contemporary Amperex Technology Co., Limited) is expected to resume production after the Spring Festival, while some lithium mica mines in Jiangxi may halt production due to environmental issues [4].

Price Trends - The price range for high-quality lithium carbonate is between 162,200 and 168,300 CNY per ton, with an increase of 4,400 CNY compared to the previous working day [1] - The price range for battery-grade lithium carbonate is between 160,800 and 168,300 CNY per ton, with an increase of 4,200 CNY compared to the previous working day [1] - The price range for industrial-grade lithium carbonate is between 158,000 and 165,000 CNY per ton, with an increase of 4,250 CNY compared to the previous working day [1]

Price Trends - The market price range for high-quality lithium carbonate is between 155,800 and 159,500 CNY per ton, with an increase of 4,150 CNY compared to the previous working day [1] - The market price range for battery-grade lithium carbonate is between 154,800 and 159,500 CNY per ton, with an increase of 4,200 CNY compared to the previous working day [1] - The market price range for industrial-grade lithium carbonate is between 152,000 and 156,500 CNY per ton, with an increase of 4,550 CNY compared to the previous working day [1]

Core Viewpoint - The market prices for high-quality lithium carbonate have decreased significantly, indicating a downward trend in the lithium market [1] Price Summary - The price range for high-quality lithium carbonate is now between 145,500 and 147,000 CNY per ton, down by 3,350 CNY from the previous working day [1] - The price range for battery-grade lithium carbonate is between 144,200 and 147,000 CNY per ton, reflecting a decrease of 3,400 CNY from the previous working day [1] - The price range for industrial-grade lithium carbonate is between 142,000 and 144,600 CNY per ton, showing a decline of 3,700 CNY from the previous working day [1]

Price Trends - The market price range for high-quality lithium carbonate is between 121,100 and 122,300 yuan per ton, reflecting an increase of 4,950 yuan compared to the previous working day [1] - The market price range for battery-grade lithium carbonate is between 118,500 and 122,300 yuan per ton, showing an increase of 4,300 yuan from the previous working day [1] - The market price range for industrial-grade lithium carbonate is between 116,500 and 117,800 yuan per ton, with an increase of 3,900 yuan compared to the previous working day [1]

Group 1 - The market price for battery-grade lithium carbonate is stable at 62,000 CNY per ton compared to the previous working day [1] - The price range for high-quality lithium carbonate is between 63,200 and 64,000 CNY per ton, showing stability from the last working day [1] - The market price range for industrial-grade lithium carbonate is between 60,200 and 61,500 CNY per ton, also remaining stable compared to the previous working day [1]