GLOBAL LITHIUM WRAP: Chinese carbonate market in stalemate; Asian markets watch China for direction

By Carrie Shi, Dalila Ouerghi
Published: Friday, 21 August 2020

Chinese domestic battery-grade lithium carbonate producers insisted on maintaining their offers in the week to Thursday August 20, citing production costs, while buyers were unwilling to compromise due to sufficient stocks.

The stand-off between Chinese domestic lithium carbonate buyers and sellers continued to keep the market unchanged. The seaborne Asian lithium markets were relatively stable due to limited spot buying activity. A mixture of Covid-19 uncertainty the traditional summer lull kept the European and United States prices unchanged. Chinese domestic producers of...

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