After months of subdued movement, lithium hydroxide prices in Belgium posted a meaningful recovery during the second half of July xxxx, driven by firmer upstream benchmarks and improving downstream sentiment. Antwerp-based traders noted that buyers were paying a x–xx premium over early-July parcels, as inventories of lithium hydroxide at key distribution hubs tightened faster than expected.
Spot offers rose from USD x,xxx/tonne on July xx to USD x,xxx/tonne by July xx, marking the first sustained two-week gain since March.
The rebound was largely a downstream response to a month-on-month rise in Chinese lithium carbonate prices, which lifted global lithium sentiment. Chilean export offers followed suit, firming FOB levels and raising landed costs in Northwest Europe. Belgium, as one of the region’s most active lithium hydroxide import hubs, relies heavily on Chilean long-term contracts and spot cargoes from Qingdao. According to industry...
