GLOBAL LITHIUM WRAP: Chinese carbonate tightness supports first Asian seaborne market move in 18 weeks

By Carrie Shi, Dalila Ouerghi
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...

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