GLOBAL LITHIUM WRAP: Chinese domestic prices hit new low on sluggish downstream demand

By Martim Facada, Carrie Shi
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 unchanged.
China’s battery grade lithium carbonate spot price fell below 70,000 yuan per...

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