GLOBAL LITHIUM SNAPSHOT: Europe, US technical-grade prices halt declines, battery-grade flat
Europe and United States’ lithium battery-grade spot prices held steady over the week to Thursday October 8, with the market in wait-and-see mode, while the technical-grade hydroxide price rose for the first time in a year.
- Europe and US battery-grade spot prices held steady for the third consecutive week after posting losses in mid-September.
- Sources reported strengthening prices for technical-grade compounds in Europe and the United States amid tighter availability in warehouses and soaring shipping costs.
- The lithium hydroxide monohydrate 56.5% LiOH.H2O min, technical and industrial grades, spot price ddp Europe and US rose for the first time in a year, increasing to $7-8.20 per kg on Thursday, from $7-8 per kg over the previous week.
- Domestic Chinese lithium prices and seaborne Asia prices have been rolled over due to a public holiday in China and in line with Fastmarkets’ methodology.
Learn more about Fastmarkets’ lithium pricing methodology here and read the latest lithium price spotlight here.
All lithium carbonate, hydroxide and spodumene prices are available in our Battery Raw Materials Market Tracker. Get a sample of the report here.
Join the lithium industry’s biggest annual networking event – Lithium Supply & Markets – taking place on October 26-28. Find out more here.