GLOBAL LITHIUM WRAP: Seaborne Asia markets drop 5% after three months of stable prices

By Carrie Shi, Dalila Ouerghi
Published: Friday, 17 April 2020

The Chinese domestic spot battery-grade lithium carbonate price fell by 2.7% on Thursday April 16 after suppliers dropped offers again to stimulate a reluctant market, while the Asian seaborne market finally ended its steady streak.

China’s battery-grade lithium carbonate price resumed trending downward due to weak buying appetite.The price of Chinese industry-grade lithium carbonate, produced using brine, also fell on lower offer prices issued to boost sales.The Asian seaborne spot market ended its three-month streak to fall by an average of 5.3% week on week.Lack...

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