GLOBAL LITHIUM WRAP: China’s lithium carbonate prices down after April VAT cut

By Martim Facada, Carrie Shi
Published: Friday, 05 April 2019

China’s domestic lithium carbonate spot market moved down this week after the lower value added tax (VAT) that came into effect on April 1 alongside the Tomb Sweeping holiday in China, while lithium prices in other global markets were stable week on week.

The battery-grade lithium carbonate market dips following lower VAT in China.Lithium hydroxide market sat unchanged week on week. Lithium prices in other global locations remained stable from last week. China’s spot battery-grade lithium carbonate market moved down week on week after producers adjusted their offer prices down by around 1,000-2,000...