Chinese lithium prices jumped twice in October

By Laura Syrett, Albert Li
Published: Wednesday, 04 November 2015

Leading Chinese lithium carbonate supplier Ganfeng Lithium put up its prices for a second time in the space of a month last week, prompting industry peers to follow suit as rising demand for the material from the EV battery industry continues to support the market.

Chinese lithium producer Jiangxi Ganfeng Lithium Co. Ltd increased the price of its lithium carbonate last week, marking the second rise in a single month.

The company raised the sale value of its material by nearly 17%, from Chinese renminbi (Rmb) 60,000/tonne ($9,470/tonne*) to Rmb 70,000/tonne ($11,049/tonne), having previously upped the price from...

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