GLOBAL LITHIUM WRAP: China's battery-grade lithium carbonate prices stabilize

November 03, 2018 / www.metalbulletin.com / Article Link

China's domestic spot battery-grade lithium carbonate prices stabilized this week, after last week's producer hikes brought an end to a year-long downturn.

Some small orders were concluded at higher levels, but major buyers completed their purchasing earlier in October at cheaper prices, sources said. Lithium hydroxide prices remained stable on slow buying. ?EUR? Battery-grade lithium carbonate prices stabilized after increasing over the past two weeks. ?EUR? Lithium hydroxide prices remained unchanged on weak demand from downstream buyers. ?EUR? Industrial-grade carbonate materials stayed at high price levels in Qinghai region on reducing stocks. ?EUR? Asian cif China, Japan & Korea market prices fell as buyers pushed for lower prices. ?EUR? Battery-grade lithium hydroxide prices dropped in Europe and the United States. China's spot battery-grade lithium carbonate market stabilized this week, with cheaper materials hard to find. Most major buyers have...

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