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Morning briefing: Lithium futures price up with exciting battery cell production scheduling in Jan

Source: Mysteel Dec 09, 2024 08:59
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Lithium Demand Price Supply
On the raw material end, the CIF price of Australia's spodumene concentrate showed a weekly fall of $10/tonne last week due to falling lithium carbonate prices. And easing supply tightness also prompted the traders to lower the quotations. For lepidolite, the prices rose as well for some consumers purchased on rigid demand.For lithium carbonate, there was news that the production scheduling of top-tier battery cell factories was robust at the beginning of next year, boosting the market confidence. But the firm prices dampened the downstream demand, leading to subsiding transactions.

On the raw material end, the CIF price of Australia's spodumene concentrate showed a weekly fall of $10/tonne last week due to falling lithium carbonate prices. And easing supply tightness also prompted the traders to lower the quotations. For lepidolite, the prices rose as well for some consumers purchased on rigid demand.  For lithium carbonate, there was news that the production scheduling of top-tier battery cell factories was robust at the beginning of next year, boosting the market confidence. But the firm prices dampened the downstream demand, leading to subsiding transactions.

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