GLOBAL LITHIUM WRAP: China battery-grade lithium carbonate hits new low, EU automaker closures to add pressure

By Carrie Shi, Dalila Ouerghi
Published: Friday, 20 March 2020

The Chinese domestic spot battery-grade lithium carbonate price fell by 2.1% on Thursday March 19 hitting a new low, with more European carmakers closing production due to the spread of the coronavirus (2019-nCoV) and market participants feeling increasing pressure on the whole market.

China’s battery-grade lithium carbonate prices fell further to a new low.China’s industry-grade lithium carbonate currently steady with producers maintaining prices.China’s lithium-hydroxide market rangebound at current range.Asian seaborne market flat with rare spot activity.Domestic Chinese battery-grade lithium carbonate spot prices declined again this week amid remaining weak trading activity and sufficient...

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