Lithium Prices
Lithium carbonate prices fall to around RMB 500,000 with outlook remains bearish
Battery-grade lithium carbonate has fallen more than 10 percent compared to mid-November when prices reached as high as RMB 590,000 per ton.
Lithium prices losing momentum to climb higher
Lithium carbonate prices have stopped rising for the first time in nearly 18 weeks, with buyers in a growing wait-and-see mood and sellers starting to loosen their offers.
Morgan Stanley expects lithium prices to see inflection point in 2023
Morgan Stanley sees the price of lithium carbonate in China falling to $47,500 per ton in the second half of 2023, implying a 35 percent drop from the current spot.
Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels
China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.
Lithium carbonate now costs 10 times more than it did two years ago
Every RMB 100,000 increase in the price of lithium carbonate will have a 2 percentage point impact on Nio's gross margin, the company's CEO previously said.
Changan chairman calls for regulatory efforts to bring down raw material costs for NEVs
China should launch a crackdown on the profiteering of some players and stop some companies from hoarding and speculating on raw materials, according to the chairman of Changan.
CAAM official complains about abnormally high raw material prices for NEVs
Through several years of technological upgrades, the price of batteries has come down a lot. But the price of raw materials has risen, making years of hard work all in vain, the official said.
Lithium price surge won't have much impact on China's NEV industry, says CPCA chief
The global lithium battery shortage will gradually dissolve as technology improves and capital is invested in huge amounts, he said.
Analysts expect lithium prices to rise to previous record high this year
Lithium carbonate prices are expected to reach RMB 180,000 ($27,733) per ton in the second half of the year, the previous record high, said analysts.