GLOBAL LITHIUM WRAP: Slow consumption causes global prices to tumble
Published: Friday, 03 July 2020
Battery-grade lithium compound prices fell in almost all markets in the week to Thursday July 2, reflecting a continued weak demand environment in Asia, Europe and the United States.
Sufficient stocks combined with weak demand to pressure
China’s battery-grade lithium carbonate prices
down by 2.5%. Asian battery-grade lithium prices narrowed
downward after buyers refused to accept higher prices.Europe,
US prices weakened, with no support from soaring Covid-19 cases
in key supplier country, Chile. Market participants
continued to report lower...