GLOBAL LITHIUM WRAP: Competitive offers from Europe, US drag down seaborne Asia carbonate price
Published: Friday, 24 April 2020
The United States and European lithium carbonate price fell by 2.6% in a market plagued by coronavirus-related shutdowns, with suppliers there turning to the seaborne Asia market to offload stocks.
European, US lithium suppliers targeted Asian seaborne
market, pulling down an already weak spot carbonate price
Chinese domestic prices stabilized, with market focus
turning to the latest NEV subsidy policy that includes a
slower downward adjustment to subsidy values over the
next three years.
Covid-19 shutdowns continue to pressure...