Expectations-driven rally! Lithium Carbonate and Lithium rebound from low levels, while the weak domestic supply-demand fundamental pattern remains unchanged.

On November 5, 2026, the average price of Changjiang Comprehensive battery-grade Lithium Carbonate Lithium 99.5% was 93,250 yuan/ton, an increase of 500 yuan compared with the previous trading day; the average price of industrial-grade Lithium Carbonate Lithium 99.2% was 90,250 yuan/ton, also up by 500 yuan. The futures market strengthened simultaneously. The main contract of Lithium Carbonate Lithium fluctuated and moved upward, closing up 3.64% at 91,580 yuan/ton.