GLOBAL LITHIUM WRAP: Chinese lithium sentiment weakens after NEV subsidy transition period ends
Published: Friday, 05 July 2019
China’s lithium market remained sluggish this week, which market sources attributed to the conclusion of the transition period for the new energy vehicles (NEV) subsidy forecasts of declining demand for lithium in the short term.
The end of the transition period for the 2019 NEV subsidy
has hit sentiment for lithium compound demand in the short
term.Battery-grade lithium carbonate price range narrowed on
concluded deals at lower levels. Technical and industrial grade
lithium carbonate prices moved down on reduced demand.Seaborne
Asian battery-grade lithium prices down,...