China’s lithium carbonate price fell for 7th straight day to hit 4-month low, lithium hydroxide fell for 43rd day to hit new low in over a year
COMMODITIES DATA
China’s lithium carbonate price fell for 7th straight day to hit 4-month low, lithium hydroxide fell for 43rd day to hit new low in over a year
COMMODITIES DATA

China’s lithium carbonate price fell for 7th straight day to hit 4-month low, lithium hydroxide fell for 43rd day to hit new low in over a year

 

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The price of battery-grade lithium carbonate fell by 2,000 yuan per tonne to 189,000 yuan per tonne on Wednesday, marking a new low in more than four months and sliding for the 7th consecutive months, according to Shanghai Metals Market.

The price fell by 11,500 yuan per tonne in the recent five days and by 80,000 yuan per tonne in the recent 30 days.

The price of battery-grade lithium hydroxide fell by 2,000 yuan per tonne to 174,000 yuan per tonne, marking a new low in more than a year and sliding for the 43rd consecutive day, showed the data. The price fell by 10,000 yuan per tonne in the recent five days and by 78,000 yuan per tonne in the recent 30 days.

China’s most-traded lithium carbonate futures contract on the Guangzhou Futures Exchange, for January 2024 delivery, declined by nearly 2% to close at 176,050 yuan per tonne.

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