I just reviewed today's lithium market data and see there is quite a bullish movement. Battery-grade lithium carbonate is trading at 162,250 yuan per ton, up 7,500 yuan, which is significant considering the volatility we've seen lately.



What's interesting is that almost all lithium products are in the green. Industrial-grade lithium carbonate also increased by 7,500 yuan, reaching 160,800 yuan/ton. Lithium hydroxide showed an even stronger move with +6,000 yuan, reaching 149,333 yuan/ton. Even long-term agreements for battery-grade lithium carbonate rose by 400 yuan to 153,800 yuan/ton.

What catches the eye is that the spot base index remains unchanged at -825 yuan/ton, while metallic lithium stays at 1,060,000 yuan/ton. The discount for lithium sulfate decreased by one point to 74%, indicating some pressure in that segment. Lithium carbonate futures reflect this bullish volatility, although spot activity is relatively low during this transition period of main contracts.
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