GLOBAL LITHIUM WRAP from metal bulletin Most Chinese lithium...

GLOBAL LITHIUM WRAP from metal bulletin
Most Chinese lithium producers spoken to by Metal Bulletin said they are monitoring the market and expect a rebound in lithium market prices during the third or fourth quarters of this year. But thin buying in quiet market conditions has forced some smaller lithium producers in the country to cut their prices to secure sales.

Meanwhile, downstream consumers are waiting on the sidelines and remain optimistic that the market in China will keep falling in the coming weeks.

“The cheaper material made available in the market is currently looking for battery qualification and we are not sure if it will suit all downstream consumers’ requirements,” a Chinese lithium producer told Metal Bulletin.

“We are waiting to buy more material,” a cathode producer told Metal Bulletin.

“There is the belief that the more we wait the better prices we get. Therefore, there is no rush to buy material,” he added.


Li carb China prices seem to have bottomed.

Today's asianmetal chart shows the first improvement in trend for a month.