Lithium Daily: Lithium prices supported by bullish demand and constrained supply

Source: Mysteel Jan 20, 2026 09:06

For lithium carbonate, the futures pulled back for several consecutive days amidst cooling market sentiment and enhanced regulatory efforts from GFEX. On the other hand, the spot transactions remained active with most transactions done when futures price was between Yuan 143,000-148,000/tonne. Nevertheless, the demand outlook is optimistic, and the supply side is unlikely to see significant recovery in the near term, providing support to lithium prices.

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