GLOBAL LITHIUM WRAP: Narrowing Chinese carbonate price reflects buyers’ market amid weak downstream markets

By Carrie Shi, Dalila Ouerghi
Published: Friday, 01 May 2020

The Chinese domestic spot battery-grade lithium carbonate price fell by 1.1% on Thursday April 30 with buyers still reluctant to accept higher prices amid poor downstream consumption.

  • China’s battery-grade lithium carbonate price narrowed downward, reflecting buyers’ reluctance to accept higher prices.

  • Asian seaborne spot market quiet, keeping prices rangebound.

  • Europe, US spot market steady; participants anticipate quiet May.

    The domestic Chinese battery grade lithium carbonate spot price softened this week after producers lowered their offer prices...

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