- Battery-grade lithium prices in China rise further with producers broadly sold out after recent consumer restocking.
- Lithium prices in the seaborne Asian market held steady amid logistical disruptions.
- US, European lithium spot markets stable amid summer lull.
Battery-grade lithium carbonate prices in China continued to edge higher this week though consumer restocking gradually eased. At the same time, several producer sources, who claimed they had sold out of material during the most recent rush of buying, said they expected to make further gains in the coming weeks, once downstream buyers return for September cargoes.
Fastmarkets’ assessment of the lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range, ex-works domestic China
rose to 92,000-96,000 yuan ($14,241-14,860) per tonne on Thursday, up by 1,000-2,000 yuan per tonne from 90,000-95,000 yuan per tonne one week ago.
A producer source told Fastmarkets he had...