Sluggish Supply and Demand for Lithium Hydroxide: SMM Cobalt Lithium Morning Meeting Minutes

SMM Cobalt Lithium Morning Meeting Minutes: Weak Supply and Demand for Lithium Hydroxide, Overall Market Trading Light

This week, the price of lithium carbonate continued to decline. On the supply side, lithium salt companies continued to mainly ship long-term orders during the week. However, as the year-end approached, some lithium salt companies still had sales performance requirements, and the selling sentiment for spot orders was not as strong as the previous week. Also, a lithium salt company that had been under maintenance earlier has resumed production, while some others are still in maintenance. On the demand side, due to a decrease in orders for some cathode material companies and the basic satisfaction of their production needs from long-term contracts…