×
Thursday, December 2, 2021

Seaborne lithium carbonate price exceeds that for lithium hydroxide; US market strengthens on tight supply - Metalbulletin.com

Last updated Thursday, November 25, 2021 23:43 ET , Source: NewsService

  • Seaborne East Asian battery-grade lithium carbonate price exceeds that of lithium hydroxide.
  • Chinese battery-grade lithium carbonate price rises amid tight spot supply and year-end restocking.
  • Lack of spot units continues to push up lithium prices in the United States and Europe.

Supply of battery-grade lithium carbonate in the seaborne East Asian market was further squeezed this week, while persistent logistical disruptions applied further upward pressure to prices.
In addition, price gains in China also filtered through into the seaborne East Asian market.
Fastmarkets’ weekly assessment of the lithium carbonate 99.5% Li2CO3 min, battery grade, spot price, cif China, Japan & Korea was $30-32 per kg on Thursday, up by $2.50-3 per kg from $27.50-29.00 per kg a week earlier.
Fastmarkets’ weekly assessment of the lithium hydroxide monohydrate 56.5% LiOH.H2O min, battery grade, spot price, cif China, Japan & Korea was $29.50-31.50 per kg on Thursday, up by $1.50 per kg from $28-30 per kg a week earlier.
Fastmarkets’ assessment of the lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range, ex-works domestic China was at 200,000-210,000 yuan ($31,305-32,870) per tonne on Thursday, up by 5,000-10,000 yuan per tonne from 195,000-200,000 yuan per tonne a week earlier.
“One of our suppliers has no spare capacity for lithium carbonate. They will focus primarily on honoring long-term commitments and will not allocate any extra [units for the spot market],” a...



Read Full Story: https://www.metalbulletin.com/Article/4017873/Seaborne-lithium-carbonate-price-exceeds-that-for-lithium-hydroxide-US-market-strengthens-on-tight-supply.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.