Texas, USA: Following a consistent trend over the past few months, the prices of Lithium Carbonate have continued to decline, driven by weak support from upstream spodumene ore and other raw materials, alongside weak demand from downstream industries. As of February xx, xxxx, the prices of Lithium Carbonate Battery Grade DDP USGC were assessed at USD xx,xxx/MT.
In the second half of February, Lithium Carbonate prices further decreased in the US domestic market due to imports of cheaper goods. According to sources, Lithium Carbonate spot prices in Europe and the United States have largely remained fragile due to ongoing bearish market conditions. Market participants observe sluggish spot market activity and anticipate clarity on a potential reversal in the bearish trend of Lithium Carbonate following the conclusion of the Lunar New Year celebrations in China. It&#xx;s noted that the traditional premium of lithium hydroxide prices over...
