Chinese lithium prices strengthen on stable demand
Chinese lithium carbonate prices increased over the week to Thursday June 8, supported by stable downstream demand and efforts from sellers to push up prices, which in turn supported lithium hydroxide prices in China
......“I think that battery-grade lithium carbonate prices may be able to reach 350,000 yuan per tonne in the near term, so I offered at that price this week. [Prices] are expected to rise on tight availability. Many lithium producers are running low on their inventories and their feedstock supply,” a Chinese lithium producer source said.....
ESS Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
