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