GLOBAL LITHIUM WRAP: Tightness pushes China’s carbonate price higher; Asian hydroxide makes first move in five months

By Carrie Shi, Dalila Ouerghi
Published: Friday, 19 February 2021

China’s domestic lithium carbonate price increased by 4.4% over the week to Thursday February 18 supported by tight supply in the spot market, while the Asian seaborne lithium hydroxide market moved up for the first time in five months influenced by China’s price upturn.

  • China’s domestic battery-grade lithium carbonate market continued its uptrend supported by spot material shortage, although buying activity remained thin after the Lunar New Year holiday.

  • The Asian seaborne battery-grade lithium hydroxide spot price recorded its first gain in five months due to increasingly higher prices reported in the market.

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