Lithium prices in China's domestic market continued to rally in the week to Thursday August 12, with both traders and consumers along the battery supply chain actively topping up inventories despite this restocking usually taking place at the end of the month.
Lithium prices in China rose quickly amid restocking activity, while some suppliers held back from sales.Seaborne Asia lithium prices were largely stable amid low liquidity as Japanese participants enjoy summer holidays.Lithium spot markets in Europe and the United States were similarly flat due to the traditional summer lull, but trade is expected to pick up next week.The October battery-grade lithium contract on Wuxi Stainless Steel Exchange, an electronic trading platform in China, closed at 130,000 yuan ($20,064) per tonne on Thursday, up by 35,000 yuan per tonne...