CRU: lithium price downtrend continues, with disappointing EV sales in China the driver
Green Car Congress
JANUARY 12, 2020
Lithium carbonate prices in China dropped between January and August 2019 by nearly 20% since the beginning of 2019 to RMB 65,000/t, equivalent to $9.25/kg China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Raw material oversupply.
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