SHANGHAI, May 16 (SMM) - China’s demand for battery-grade lithium carbonate stood at 22,051 mt in April, up 2% MoM and 27% YoY. The downstream companies only restocked on rigid demand amid poor end consumption. In May, the downstream companies’ operating rates have improved slightly, and some downstream companies will begin to buy battery-grade lithium carbonate amid the narrow spread between industrial-grade and battery-grade lithium carbonate. It is expected that the overall battery-grade lithium carbonate demand may increase by 2% in May.

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