I think you'll find it's related to the half yearly activities Harry.
Global lithium salt prices were stable amid muted spot activities for lithium carbonate and lithium hydroxide. Many consumers and producers were heard busy preparing half-year reports.
“There aren’t many new deals for overseas markets as we are busy with deliveries so that our figures look better,” a Chinese producer said.
During the half-year reporting season, upstream was more inclined to sell to achieve higher account receivables while downstream stopped buying activity to control the expense, according to a Chinese trader.
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