GLOBAL LITHIUM WRAP: Chinese hydroxide producers’ plans to raise prices on virus-related costs boost short-term sentiment
Published: Friday, 14 February 2020
China’s battery-grade lithium hydroxide price was supported at current levels this week after some producers announced plans to increase prices to cover higher transport and production costs resulting from containment policies for the novel coronavirus (2019-nCoV) in China.
By Carrie Shi, Cristina BeldaSome Chinese
lithium hydroxide producers plan to increase prices due to
higher operational costs, supporting the spot
price.Battery-grade lithium carbonate prices steady on quiet
buying activity.Asian seaborne market flat due to limited spot
deals amid the coronavirus-related slowdown.European prices
slightly down on competitive offers from suppliers...