GLOBAL LITHIUM WRAP: Chinese carbonate tightness supports first Asian seaborne market move in 18 weeks
Published: Friday, 22 January 2021
Tightness in the Chinese domestic battery grade lithium compound market drove further price upswings and supported a similar move up in the Asian seaborne lithium carbonate market in the week to Thursday January 21.
Producers in China’s battery-grade lithium
carbonate and hydroxide markets cited low availability for
raising their offers again. Asian battery-grade lithium
carbonate spot price moved for the first time since September
2020 on the back of positive sentiment in China’s
domestic prices despite limited spot trading.Technical and
industrial prices in Europe...