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Lithium prices are in a bottoming-out phase but are expected to struggle for some time in the foreseeable future, according to William Adams, Fastmarkets head of battery raw materials and base metals research.
China imported 263,032 tonnes of alumina in August, up 119% year on year from 120,000 tonnes in August 2019, according to Chinese customs data released on Thursday September 24.
The European and United States battery-grade lithium spot prices softened on Thursday September 24, while China’s battery-grade lithium carbonate market sentiment remained bullish with more market participants expecting better prices in the fourth quarter.
Seaborne premium hard coking coal prices were relatively steady on Friday September 25 with no transactions heard, however, market participants expect premium hard coking coal prices to increase gradually and higher hard coking coal and pulverized coal injection (PCI) prices in the cfr market.
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