China’s battery raw materials supply chain almost paralyzed by high prices, resurgence of Covid-19

China’s battery raw materials supply chain is struggling with prolonged high nickel prices and the worsening Covid-19 situation, with both having a detrimental impact on demand for downstream products, Fastmarkets understands.

Challenges have included rising metals prices generally, including for lithium and cobalt, resulting in reduced spot market activity since early March, but the biggest factor has been the 111% surge in the...

Published

Carrie Shi

Yingchi Yang

Zihao Li

April 12, 2022

11:55 GMT

Shanghai