Lithium Carbonate Trading Activities to Pick up

Published: Jun 27, 2022 11:15

Source: SMM

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SHANGHAI, Jun 27 (SMM) – The low-end prices of lithium carbonate went up slightly last week.

SHANGHAI, Jun 27 (SMM) – The low-end prices of lithium carbonate went up slightly last week. Upstream smelters maintained stable production and sufficient supply. Recently, transactions have improved, mainly driven by rigid demand. The recovery of end demand remained slow. Large auto makers were shut down for two weeks to optimise their production lines. The orders from LFP plants increased less than expected. LFP plants are about to begin a new round of procurement as their destocking process will come to an end soon, and their purchase volumes are expected to increase significantly this week due to steadily climbing lithium carbonate prices.

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