Exchange rate adds to decline in Chinese lithium spot price
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...