According to SMM's latest quotes, the spot price of lithium carbonate (99.5% battery grade/domestic) continued to stabilize on December 2, with an average price of 558,575,000 yuan/ton, with an average price of 566,500 yuan/ton; lithium hydroxide (56.5% battery-grade crude granules/domestic) spot prices were slightly lowered by 500 yuan/ton, to 555 to 569,000 yuan/ton, with an average price of 559,500 yuan/ton. The spot price list for lithium hexafluorophosphate fell 4,500 yuan/ton on the same day to 258,000 to 270,000 yuan/ton, with an average price of 264,000 yuan/ton. In terms of cobalt, the spot price of electrolytic cobalt continued to decline today. After falling 1,000 yuan/ton in a single day, the spot price of electrolytic cobalt was reported at 32 to 353,000 yuan/ton, with an average price of 336,500 yuan/ton.