GLOBAL LITHIUM WRAP: Chinese carbonate producers hold higher offer prices on tight availability
By CARRIE SHI, DALILA OUERGHI
Published: Friday, 13 November 2020China's battery-grade lithium carbonate producers continued to increase their offer prices in the week to Thursday November 12, citing reduced availability of materials, while the rest of the global market was characterized by limited spot buying appetite.
China’s battery-grade lithium carbonate producers remain bullish on the outlook for the rest of this year, pushing offer prices higher. China’s lithium hydroxide price stabilized after recent falls in a subdued market environment. The European and US markets were being stimulated by the more active Chinese market although prices remained rangebound...
Interesting that prices are rising faster for carbonate over hydroxide. Even though AGY has the expertise to produce tonnes of both I believe this suits us better. Those metaphorical ducks are starting to line up, which is finally lowering my blood pressure!
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