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Lithium Daily: Lithium prices rise with influx of bulls

Source: Mysteel Apr 24, 2026 09:02
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Lithium Demand Price Supply
For lithium carbonate, the futures price showed a V-shaped trend yesterday and closed the session in the positive. With players still in tug-of-war, the market saw the influx of bulls approaching the end of the session, which palpably pushed up the prices. On the other hand, the market situation remained bascially unchanged with bulls betting on continued supply disruptions and downstream players standing on the sidelines, refusing to accept the current high price levels. Looking ahead, the routine stockpiling ahead of the Labor Day holiday is worth attention.

For lithium carbonate, the futures price showed a V-shaped trend yesterday and closed the session in the positive. With players still in tug-of-war, the market saw the influx of bulls approaching the end of the session, which palpably pushed up the prices. On the other hand, the market situation remained bascially unchanged with bulls betting on continued supply disruptions and downstream players standing on the sidelines, refusing to accept the current high price levels. Looking ahead, the routine stockpiling ahead of the Labor Day holiday is worth attention.

 

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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