Maybe we will soon see a bottom for the lithium price. The second order derivative of the chart was positive around January the 11th and now it is esentially zero if you simplify the last bit of the chart to a straight line. My interpretation is that a positive second order derivative for the chart most likely reflects the growing lithium demand as battery companies buy lithium for EVs, which will be delivered after the sales will rebound from the January low.
Lithium Carbonate 99.5%Min China Spot Price - Investing.com
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