Lithium fundamentals show no sign of near-term recovery, says broker SCB
Published: Friday, 03 April 2020
Demand for lithium chemicals will not recover before mid-2021 due to the added headwinds caused by the global spread of the Covid-19 epidemic to an already oversupplied market, SCB's battery raw materials broker said.
During a virtual lithium market presentation hosted by
investment bank Morgan Stanley on Friday April 3, SCB's Martim
Facada said the lithium market will remain in a bearish price
environment for the remainder of 2020.
This is in line with predictions from other market
Facada said key consumers of...