To your question :
The price of lithium will probably increase because the reference regions with tariff surcharges will become more expensive, which would have to lead to a price increase for the remaining material available.
The first reaction from China today can be clearly seen in futures, carbonate and hydroxide prices, which have moved down an average of 3% in futures. Likewise, the prices for carbonate and hydroxide increased by up to 2000 yuan.
In order to compensate for the tariff surcharges, prices in China would have to fall significantly below production costs, which would be a ruinous development to say the least.
General Discussion, page-1448
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