Output Cuts By Lithium Salt Smelters In Jiangxi Will Hardly Stem Decline In Lithium Carbonate Prices

Some lithium salt smelters have shut down in hope of stabilising lithium carbonate prices, but this is against the commercial logic. This is because even if the reduction in supply prevents lithium carbonate prices from going down further, this will only benefit smelters who remain in production, rather than those who have closed.

Indeed, a few lithium salt smelters in Jiangxi province have hated production due to severe inventory backlogs. But his may barely stem decline in lithium carbonate prices.