GLOBAL LITHIUM WRAP: China’s uptrend continues but buyers retreat ahead of CNY holiday

By Carrie Shi, Dalila Ouerghi
Published: Friday, 29 January 2021

The rally in China’s domestic lithium prices continued to influence markets in the rest of Asia in the week to Thursday January 28, but trading has thinned in the run-up to the Lunar New Year holiday in mid-February.

China’s battery-grade lithium prices rose again due to limited spot availability and because some producers had stopped offering ahead of Chinese New Year. Asian battery-grade lithium carbonate spot prices continued to be driven by tight spot supply and surging domestic China prices despite thin trade.European and US lithium hydroxide price...

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