Chinese domestic lithium carbonate prices fall on slow demand

摘要

London—The Chinese domestic lithium carbonate market dropped this week due to lower reported trades and slow demand. Market participants said the Chinese economy was staring to recover, although had mixed views on price direction. S&P Global Platts assessed battery grade lithium carbonate down Yuan 1,500/m to Yuan 47,000 ($6,264)/mt Friday and lithium hydroxide was unchanged at Yuan 53,500/mt. Both assessments are on a delivered, duty-paid China basis.