08
Sep
10:49
Chinese lithium carbonate prices continue downward trend
Chinese lithium carbonate futures trading at the Guangzhou Futures Exchange hit new lows on Friday, with contract prices dropping over 20% since August, Kallanish reports.
The contract for January delivery dropped 4.95% on-day to CNY 176,500/tonne ($24,047/t). Trading for the other six contracts declined between 3.96% and 4.95%, with the lowest price being the contract for June delivery.
Prices on the spot market also fell. According to Mysteel&rsquo…
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Kallanish Asia
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous