GLOBAL LITHIUM WRAP: Seaborne Asian hydroxide price falls; European, US prices tumble but 'close to bottom'
Published: Friday, 10 January 2020
Previous weakness in the Chinese battery-grade lithium markets travelled through into the seaborne lithium hydroxide market which fell by 4.7% week on week on Thursday January 9, while the delivered, duty-paid Europe and United States compound prices both fell on the availability of cheaper spot material.
By Carrie Shi and Cristina Belda
Asian seaborne battery-grade hydroxide price fell by 50
cents per kg, while the carbonate price held steady.European
and US prices fell on competitive offers and slow market
activity.Domestic Chinese prices were unmoved with limited
transaction heard. Markets are winding down ahead of the