GLOBAL LITHIUM WRAP: China technical, industrial-grade lithium prices down ahead of Lunar New Year

Technical and industrial lithium-carbonate grade prices decreased on lower achieved deals, while the rest of the world’s markets were unmoved from last week.

China’s domestic spot battery-grade lithium carbonate and hydroxide prices sat at their current level week on week on slow market activity. Battery-grade lithium carbonate prices kept steady on quiet buying. Lithium hydroxide prices were unchanged after last week’s price decrease. Technical and industrial-grade lithium carbonate prices in China edged down.  Rest of the world prices unchanged week on week.  China’s spot battery-grade lithium carbonate market showed no change this week, with most buyers in no rush to buy material. Spodumene contract prices for 2019 remain under negotiation, preventing market participants from locking in further deals. Fastmarkets’ last assessed the Chinese domestic spot battery-grade lithium carbonate price (min 99.5% Li2CO3) at 75,000-83,000 ($10,980-12,151) yuan per tonne on Thursday January 10, level with the previous week. “The battery-grade lithium carbonate market has no changes this week, and most producers...

Published

Martim Facada

Carrie Shi

January 11, 2019

12:40 GMT

London, Shanghai