GLOBAL LITHIUM WRAP: Slow consumption causes global prices to tumble

By Carrie Shi, Dalila Ouerghi
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...

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