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Lithium Daily: Lithium prices hesistant approaching resistance, though outlook remains optimistic

Source: Mysteel Apr 23, 2026 09:11
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Lithium Demand Price Supply
For lithium carbonate, the futures price kept rangebound as the players turned more cautious with the price approaching the resistance level. On the one hand, it is basically a consensus that the lithium carbonate market will see inventory drawdown in the coming months, with supply remaining disrupted and demand staying robust. However, the spot market was relatively soft recently as downstream players were wait-and-see.

For lithium carbonate, the futures price kept rangebound as the players turned more cautious with the price approaching the resistance level. On the one hand, it is basically a consensus that the lithium carbonate market will see inventory drawdown in the coming months, with supply remaining disrupted and demand staying robust. However, the spot market was relatively soft recently as downstream players were wait-and-see.

 

Join Mysteel's April 30 webinar to explore whether supply disruptions will drive the next leg higher for lithium and nickel markets in Q2 2026.
https://www.mysteel.net/event-listings/100067-q2-2026-lithium-and-nickel-will-supply-disruptions-fuel-further-price-hikes

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