China’s lithium prices slump on futures weakness, muted demand; other markets follow

China’s spot lithium prices continued to retreat in the week to Thursday November 23 following decrease in the futures market, while spot demand remained muted. Lithium prices in other markets followed the trend seen in China’s domestic market.

China
The drop seen in futures contract prices was a major contributing factor to the decrease in spot lithium prices over the past week, multiple sources told Fastmarkets.

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Published

Dalila Ouerghi

Zihao Li

November 24, 2023

09:44 GMT

Shanghai, London