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While backward-looking economic data continues to show how deep the global contraction has been, markets seem focused on the recovery this morning, Monday May 18, as more economies open up and plan to reopen in the weeks ahead.
In China, the domestic spot battery-grade lithium carbonate price fell by 2.3% with battery-grade hydroxide prices down by 2.9% on Thursday May 14 while weak downstream demand pressured more producers to lower prices to boost sales and the Asian seaborne lithium carbonate market fell.
Here are five Fastmarkets stories you might have missed on Friday May 15 that are worth another look.
Hopes that the global economic engine fires up on the first attempt may be asking a lot given second waves of Covid-19 infections emerging, and the fact global leaders are not pulling together is not helping underlying sentiment this morning, Friday May 15, with US President Donald Trump at loggerheads with China.
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