What will the China lithium spot price be on 09 Dec 2022?
67
2.6kṀ29kresolved Dec 12
100%98.1%
550,000-599,999 CNY/tonne
0.2%
<500,000 CNY/tonne
0.6%
500,000-549,999 CNY/tonne
0.9%
600,000-649,999 CNY/tonne
0.2%
>650,000 CNY/tonne
Spot prices for Lithium Carbonate, 99.5% Li2CO3 min, battery grade, traded in China, as on tradingeconomics.com/commodity/lithium. Trading stops just before midnight on 09 Dec 2022. Resolves when known.
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Chinese lithium chemicals prices expected to remain at elevated levels in the near term. However, prices are starting to lack momentum for a further increase as downstream consumers show less buying interest at current levels.
Lithium futures prices are trending upward:
1) Higher demand for EVs
2) The price of lithium carbonate rallying following the Chinese Government’s decision to extend a tax exemption for purchase of new vehicles to the end of 2023.
https://capital.com/lithium-futures-price-ev-demand
