LITHIUM WRAP: Chinese domestic battery-grade lithium carbonate prices dip on cheaper material availability

摘要

Lithium carbonate battery-grade spot prices in China moved down again on Thursday May 3 after the national holidays on April 30-May1, continuing their three-week descent due to fall in consumption, cheaper material availability and a shift in cathode makers' production plans to benefit from the 2018 electric vehicle subsidy policy. Metal Bulletin assessed Chinese domestic spot battery-grade lithium carbonate prices (min 99.5% Li2CO3) at 135,000-140,000 yuan ($21,209-21,995) per tonne, on Thursday, down from 138,000-143,000 yuan per tonne last week.