https://www.adamasintel.com/top-5-ev-oems-lithium-august-2023/
I can't see an oversupply looking at Adamas report on LCE usage for just one month in August 2023.
Interestingly there is more carbonate in each battery than in 2022.
S&P Global predict a surplus of 15 000 tonnes LCE for 2023, about one months world LCE current needs.
This was the same target they gave at the end of 2022
A small margin, it could go the other way for 2023, however those Chinese storage cupboards at port need filling.
Looking forward to a prosperous New Year!
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