Lithium Prices Slip as Supply Fears Ease, But Risks RemainLithium carbonate futures in China fell to their lowest in nearly three weeks on Thursday, retreating from the recent spike sparked by production concerns in Yichun, Jiangxi.
Prices touched 75,740 yuan ($10,589) per ton after Yongxing Special Materials secured an early renewal of its safety licence, temporarily easing fears of wider production halts.
That said, the risk isn’t fully gone. Several other mines in Yichun face upcoming licence expiries, and some operate under ceramic clay approvals while actually producing lithium, leaving their future output uncertain. Combined with global supply growth and signs of slowing EV demand, the market could face further downside, even if short-term volatility drives occasional spikes.
LTR Price at posting:
91.0¢ Sentiment: None Disclosure: Held
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