GLOBAL LITHIUM WRAP: Chinese battery grade carbonate price resumes uptrend
By Carrie Shi, Dalila Ouerghi
Published: Friday, 27 November 2020
The Chinese domestic battery-grade lithium carbonate price moved up by 2.4% on Thursday November 26, resuming the uptrend that began in mid-October as a result of resolutely high offers from producers and tight spot supply.
Bullish sentiment and high offer prices push
China’s battery-grade lithium
carbonate assessment up again. China’s
industrial-grade lithium carbonate prices also moved up on
tight supply. Asian battery-grade lithium spot market remained
rangebound but with a negative bias, particularly for
hydroxide.Europe and US lithium hydroxide market dipped on
bearish demand sentiment. Bullish...