The main contract of lithium carbonate futures rebounded by more than 80% from this year's low point.

On December 17, the main contract price of lithium carbonate 2605 rose by 8.84% at one point during the trading session, reaching a high of 10,986 yuan per ton, and closed with a 7.61% increase at 10,862 yuan per ton. In the second half of the year, the price of the main contract has significantly increased, with the latest price rising by 84.1% compared to the low point of the year. The spot price of lithium carbonate has also shown a significant increase. Wind data shows that the price of domestically produced battery-grade lithium carbonate was 9.71 yuan per ton on December 17, a increase of 1,170 yuan per ton compared to December 16, and an increase of 62.18% compared to the low point of the year. Due to the surge in lithium carbonate futures and spot prices, A-share lithium battery concept stocks saw a collective increase, with Shengxin Lithium Energy, Dazhong Mining, Guocheng Mining, Jinyuan Shares, Tianji Shares all hitting the limit up. Tianhua New Energy rose by 14.45%, with over a billion yuan of main funds flowing into the lithium battery sector.