South Korean imports of lithium carbonate compounds more than doubled in September 2020, with increased demand from restocking by cathode and battery manufacturers ahead of an expected surge in prices, sources have told Fastmarkets.
According to data released by the South Korean customs office, imports of lithium carbonate salts into the country totaled just over 4,039 tonnes in September, up by more than 100% month on month from 1,971 tonnes in August, and up by 47% from September 2019."I think the growth in September in imports of lithium carbonate in South Korea was meeting an inventory cycle with more materials delivered there that month, or some buyers that...