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08 Sep

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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