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Lithium Daily: Lithium prices surge on bullish demand outlook

Source: Mysteel Jan 12, 2026 09:11
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Lithium Demand Price Supply
For lithium carbonate, the spot transactions reported by the traders slowed against the rapid price hike, and the players closed the orders when the futures price was between Yuan 140,000-144,000/tonne last Friday January 9. In addition, news came that China will reduce the export tax credits from 9% to 6% for some products starting April 1, 2026, including lithium-ion batteries, triggering expectations of an export rush before the said time point.

For lithium carbonate, the spot transactions reported by the traders slowed against the rapid price hike, and the players closed the orders when the futures price was between Yuan 140,000-144,000/tonne last Friday January 9. In addition, news came that China will reduce the export tax credits from 9% to 6% for some products starting April 1, 2026, including lithium-ion batteries, triggering expectations of an export rush before the said time point.

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