Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
Features
Finance/M&A
News & Views
products
Sponsored
The Drill Bit
The Future
Trade & Demand
Uncategorised

News

Small output cuts, robust demand, high imports: No support for lithium prices

Posted on - 12 Oct 2024

Category - Data update

The news of CATL’s Jianxiawo mine closure briefly buoyed the lithium market in September, but the fact is that Chinese domestic lithium carbonate output in August, though down 6% m/m at 61.3Kt, was up 36% y/y and output for the year as a whole is up 46%. Into that environment, the relatively small cut at Jianxiawo doesn’t really mean that much and, with Chinese lithium carbonate imports of 17.5Kt, also up considerably y/y and y/y YTD, it's not a great look as well. Of course, demand is up too. LC demand is up 28% y/y YTD this year, but that’s...

Login to read full article


Topics

Apparen consumption Chile Demand Imports Lithium Production Prices Production cuts