Exchange rate adds to decline in Chinese lithium spot price

By Albert Li, Myles McCormick
Published: Thursday, 01 September 2016

The price of lithium carbonate and hydroxide traded on the Chinese spot market fell again this week, with traders pointing to a weakening renminbi against the US dollar.

The spot price of lithium carbonate and hydroxide in China fell again slightly this week, continuing a trend which has been ongoing since June.

Factors previously cited as accounting for the drop off have included a government investigation into companies taking advantage of a subsidy programme; seasonal production factors; and inventory sell-off...

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