GLOBAL LITHIUM WRAP: Chinese domestic prices hit new low on sluggish downstream demand
Published: Friday, 12 July 2019
China’s battery grade lithium carbonate and hydroxide prices hit fresh 2019 lows in the week ended Thursday July 11 with more producers lowering prices to boost sales amid subdued downstream demand and a negative short-term outlook.
Battery grade lithium carbonate spot price in China fell as
low as 68,000 yuan per tonne. Technical and industrial grade
lithium carbonate spot prices followed the downtrend, touching
lows of 59,000 yuan per tonne. Asian seaborne prices
China’s battery grade lithium carbonate spot
price fell below 70,000 yuan per...