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Lithium carbonate spot prices averaged 92,500 yuan per tonne, with inventories falling by 2,994 tonnes week on week to 125,391 tonnes. Cobalt prices rebounded, but downstream trading remained limited; demand for battery materials was generally weak, partly offset by resilient energy-storage demand.
Weak end-use demand and expectations of rising overseas supply weigh on battery-material prices, while inventory drawdowns and energy-storage demand provide some support. The article does not report changes in feed or agricultural commodity supply or demand.
news.metal.comShanghai Metals Market (SMMNov 10, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
