Lithium fundamentals show no sign of near-term recovery, says broker SCB

By Dalila Ouerghi
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 participants.

Facada said key consumers of...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.