Lithium Salt Prices outside China Buck Downward Trend

In stark contrast to the collapse in lithium salt prices in the Chinese market, overseas prices were in an upward trend on the whole. Taking Asia as an example, CIF prices of lithium carbonate and lithium hydroxide had been going up since early 2021, and the upward trend continued until the end of February this year when lithium carbonate prices were close to $70,000/mt, equivalent to 480,000 yuan/mt.

Recent Lithium Carbonate Rebound Is “Dead Cat Jump” or Reversal of Downturn? Domino Effect Trigged by Price Collapse: Demand, Inventory and Cost Come into Play

Overseas lithium hydroxide prices are relatively firm and more than 50,000 yuan/mt higher than prices in China, providing room for arbitrage, for more details, please click the link above