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Texas, USA: The Lithium Carbonate market has been consistently registering progressive steps in the US region and the price decline has come to a standstill. In the past month, the prices of Lithium Carbonate have held steady in the US market as both the supply and demand fundamentals have registered positive developments. With many companies involved in the Lithium Carbonate business having registered increased sales and profits, the optimism among the market participants has risen. As of June xth, xxxx, the discussed prices of Lithium Carbonate DDP USGC stood at USD xxxxx/MT.
Although numerous market participants state that the demand is waning, however, the sales figures suggest slow and steady growth with a few fluctuations being observed in seasonal trends. Industry experts predict that electric vehicle (EV) demand and sales in the US will slow in the near term, while China is expected to see steady growth....
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