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China’s average price of battery-grade lithium carbonate fell by 1,500 yuan to 366,000.0 yuan/ton on Tuesday, hitting a new low of more than one year and falling for 27 consecutive days, according to data from consultancy Shanghai Metals Market.
In the recent 5 days, the price declined by 24,500 yuan, and in the recent 30 days, it dropped by 109,000 yuan, showed the data.
The average price of battery-grade lithium hydroxide fell by 4,500 yuan to 415,500.0 yuan/ton, hitting a new low of over one year and falling for 7 consecutive days, according to the data.
In the recent 5 days, the price declined by 15,500 yuan, and in the recent 30 days, it has accumulated a drop of 73,500 yuan, showed the data.