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17 Feb
03:43

Chinese lithium carbonate price may further decline in H2 amid reduced demand

The average market price of lithium carbonate in China is likely to further decline to about CNY 350,000-400,000 ($50,921.35-58,195.83)/tonne in the second half of this year due to reduced demand, Kallanish learns from industry association ChinaEV100.  Ouyang Minggao, academician of Chinese Academy of Sciences and vice president of ChinaEV100, says: "In 2023, Chinese domestic lithium-ion battery shipment volume will reach about 1 billion kilowatt-hours. …
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