Lithium: Market participants need to adapt to the “new normal”
Over the past five years, the lithium market has gone from oversupplied to undersupplied and is now back in oversupplied territory again. Prices are falling after a huge spike, but many sellside analysts and industry participants still have long-term price forecasts for lithium which we believe are too high. We’re big believers in the long-term structural demand story for batteries and for lithium within those batteries, but we believe that a number of things have changed substantially on the supply side and market participants are not reacting quickly enough to those changes. We don’t think that the story is over...
Topics
Consensus
Cost curve
Demand
DLE
Forecast
Lepidolite
Lithium
Long-term price
Marginal Cost
New normal
Supply
