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Minor metals · Comment Analysis 11-03 Published

Lithium CarbonateLithium spot prices remained stable, while the front-month futures contract closed 1.33% lower, with the market lacking strong driving forces in the fourth quarter.

On November 3, 2026, the average price of Lithium Carbonate Battery Grade Lithium 99.5% from Changjiang Comprehensive was 94,000 yuan/ton, remaining unchanged compared with the previous trading day; the average price of Lithium Carbonate Industrial Grade Lithium 99.2% was 91,000 yuan/ton, unchanged from the previous trading day. The futures market showed diverging performance. The main contract of Lithium Carbonate Lithium fluctuated downward, closing down 1.33% at 89,300 yuan/ton. The spread between futures and spot prices further widened, intensifying the game between bulls and bears in the market.

✍️ CCMN yangxf Editorial Team
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