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