Global battery-grade lithium hydroxide spot price fell on Thursday May 17, influenced by the recent softer lithium carbonate markets as well as consumer expectations for lower prices.
Chinese lithium carbonate prices stable Chinese lithium hydroxide spot price down on a lack of buying activity and consumer expectation for lower prices Seaborne lithium hydroxide market softened on slow demand European and US hydroxide battery-grade prices fall, carbonate prices stable The domestic Chinese spot battery-grade lithium carbonate price (min 99.5% Li2CO3) remained unchanged week on week at 135,000-140,000 yuan ($21,214-22,000) per tonne on Thursday, according to Metal Bulletin market assessment. Confirmed trades and offers were reported within Metal Bulletin's current price range, while producers and consumers said the Chinese spot battery-grade lithium carbonate market has found some price stability over the past two weeks because suppliers are resisting selling material below 135,000 yuan per tonne. "Demand for battery-grade lithium carbonate has remained depressed week on week, with few sales being concluded over the course of the week despite the separate ongoing negotiations with our customers," a...