- Prices for both battery-grade and technical-grade lithium carbonate continue upswing, with the gap between the two narrowing.
- Seaborne lithium prices in Asia tick up amid tight availability; Chinese suppliers making aggressive offers.
- Battery-grade lithium prices in Europe and the United States track the gains in China.
Battery-grade and technical-grade lithium carbonate prices in China continued to strengthen this past week despite low liquidity. Suppliers were said to be reluctant to make offers for September cargoes, while consumers broadly put off finalizing purchases until next week.
Fastmarkets’ assessment of the lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range, ex-works domestic China
was 107,500-112,500 yuan ($16,582-17,353) per tonne on Thursday, up by 2,500 yuan (2.3%) per tonne from 105,000-110,000 yuan per tonne a week earlier
Negotiations that typically takes place at the end of the month have been postponed slightly, with...