Lithium carbonate prices soared over 60% in the past six months

Published: Nov 27, 2025 14:54

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Since October, the most-traded lithium carbonate futures contract has continued to rise, breaking through the 80,000 yuan and 90,000 yuan thresholds, and hitting a high of 102,500 yuan/mt on November 19, reaching its highest level since June 2024. Compared with the low point in mid-year when prices fell below 60,000 yuan/mt, lithium carbonate prices have increased by more than 60% in less than half a year. "The rebound in lithium carbonate prices in H2 was the result of inventory destocking, demand growth, and tightening supply". According to a manager from a lithium carbonate enterprise in Jiangxi, the current lithium carbonate market is in a period of supply-demand structure adjustment, and a tight balance may become the main trend for some time to come. However, attention should still be paid to the impact of ESS demand fluctuations, miner production resumptions, and overseas supply on prices.

Please note that this news is sourced from https://www.cls.cn/detail/2212126 and translated by SMM.

Lithium Carbonate Price

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