China's average price of lithium carbonate, a key material for producing power batteries, hit 219,000 yuan per tonne on April 4, slumping 56.4% from the same period last year, according to data compiled by consultancy Shanghai Metals Market.
That means the sharp decline has erased the gains for the full year of 2022 and the price has returned to the level in early December, 2021.
The latest round of lithium price correction started in November 2021, when . . .
SIGN IN OR SUBSCRIBE TO GET FULL ACCESS.
We build ONE UP-TO-THE-MINUTE TIMELINE to help you keep up with China Markets!
Scroll To Stay Updated!
One-click cancel any time!