- Lithium prices in China’s domestic market continue to make strong gains on tight spot availability, rising spot spodumene price.
- Spot supply constraints allow seaborne Asian lithium market to track the upward momentum in China.
- European and US markets also strengthen, with suppliers keeping a close eye on the price rallies in Asia.
Prices for battery-grade lithium carbonate and the equivalent grade of lithium hydroxide were at parity in China this week after the gap between the two had started to narrow since late August.
Fastmarkets’ assessment of the lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range, ex-works domestic China
was at 160,000-170,000 yuan ($24,813-26,363) per tonne on Thursday, up by 20,000 yuan (13.8%) per tonne from 140,000-150,000 yuan per tonne a week earlier.
Fastmarkets’ assessment of the lithium hydroxide monohydrate, 56.5% LiOH.H2O min, battery grade, spot price range,...