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Weekly spodumene price review

iconMay 24, 2024 10:46
Source:SMM
Spodumene prices fell slightly this week amid fluctuations in lithium carbonate prices.

Spodumene prices fell slightly this week amid fluctuations in lithium carbonate prices. Some leading lithium salt plants have sufficient early reserves and have no purchase demand at the moment, while other lithium salt companies that are delivering long-term orders just need to purchase in the spot market. Based on the recent shipments from Australian African ports and the production schedule of domestic lithium mines and lithium salt plants, it is expected that lithium mines will still be in the
A situation of strong supply and demand. In the short term, spodumene prices will continue to fluctuate with the market.

Market review
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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