The Chinese domestic battery-grade lithium carbonate price moved up by 2.4% on Thursday November 26, resuming the uptrend that began in mid-October as a result of resolutely high offers from producers and tight spot supply.
China’s battery-grade lithium carbonate price rose for a third consecutive week on Thursday October 29 and producers are targeting higher prices for November amid reducing supply.
Chinese battery makers are expected to consider increasing the proportion of natural graphite feedstock they use in anode material because of the fast-rising cost profile and availability issues affecting supplies of synthetic graphite
Battery-grade lithium prices in both Asian seaborne and domestic China markets were firm this week, with the former receiving aggressive offers from Chinese suppliers, market participants told Fastmarkets.
China domestic battery-grade lithium carbonate prices narrowed up by 2.3% week on week on Thursday December 10 supported by short supply, while other battery-grade prices were steady.
View the Fastmarkets holiday pricing schedule for 2021-2022.
The latest merger of rare earth producers in China shows that balance of power in this critical material sector is nowhere near where western governments would like it to be
The Chinese domestic battery-grade lithium carbonate price continued its bullish run in the week to Thursday December 17 after most producers insisted on higher sale prices and buyers reported difficulty acquiring material below the new range.
View the Fastmarkets holiday pricing schedule for 2020 and 2021.
GLOBAL LITHIUM WRAP: Chinese carbonate tightness supports first Asian seaborne market move in 18 weeks
Tightness in the Chinese domestic battery grade lithium compound market drove further price upswings and supported a similar move up in the Asian seaborne lithium carbonate market in the week to Thursday January 21.