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China Li2CO3 inventory edges down with low prices stimulate sales

Source: Mysteel Sep 09, 2024 10:17
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Lithium Carbonate Lithium Ore Demand Price Supply
The total lithium carbonate inventory held by the smelters, downstream players, and traders showed a weekly fall of 1.3%. The smelters inventory accumulated as they were unwilling to sell at low prices on cost pressure, amidst rapidly falling lithium carbonate prices. The traders, on the other hand, reported sound shipment as the top-tier downstream players purchased when the lithium carbonate prices approached Yuan 70,000/t.

China lithium carbonate inventory

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