Raw Materials
Overseas premiums likely to provide support for lithium prices in China, analysts say
Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.
Lithium carbonate prices to fall sharply as demand far below expectations, Li Auto CEO says
In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data.
Lithium's downward trend may be disrupted as Chinese mining hub suspends production
Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month.
Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping
Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.
Chinese academician expects lithium prices to see further drop of up to 20% this year
Chinese Academy of Sciences academician Ouyang Minggao said he expects the price of lithium carbonate in China to drop to between RMB 350,000 yuan ($50,890) and 400,000 yuan per ton in the second half of this year.
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.
BYD becomes 3rd largest shareholder of local lithium supplier
BYD has made a strategic investment of RMB 2 billion in Chengxin Lithium, acquiring a 5.11 percent stake.
Gotion High-tech secures new lithium mining right in Jiangxi
Gotion High-tech was awarded the mining right for a period of five years, with a design production scale of 3 million tons per year.
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.