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20 Jan
08:00

Chinese battery-grade lithium carbonate drops below CNY 500,000/t

In China, the average market price of battery-grade lithium carbonate has dropped below CNY 500,000 ($73,815)/tonne. According to 100ppi.com, the price further declined by about 2.99% to CNY 499,600/t on Friday during the past week.  It may drop back to about CNY 200,000/t, or even lower, according to Cui Dongshu, secretary general at the China Passenger Car Association (CPCA).  Based on his observations on lithium carbonate futures prices, he expects p…
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