GLOBAL LITHIUM WRAP: Bearish Asian markets eye continuously weakening Chinese carbonate price for direction

By Carrie Shi
Published: Friday, 15 November 2019

China’s domestic battery-grade lithium market remains under downward pressure, with lower offers for carbonate bringing the assessment down by 1.8% week on week on Thursday November 14, while the downtrend in Chinese prices is weighing on the seaborne Asia market, market sources said.

By Carrie Shi and Cristina Belda

Chinese lithium carbonate price fell again due to slow buying activities from downstream buyers. Chinese lithium hydroxide price saw no improvement in the domestic market. Asian cif China, Japan & Korea prices soft at current range under downward pressure. Europe and US carbonate price...

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