US Lithium Carbonate Prices Rise in May 2024 Slightly Amid Stable Demand

US Lithium Carbonate Prices Rise in May 2024 Slightly Amid Stable Demand

Jacob Kutchner 29-May-2024

Texas (USA): The US Lithium Carbonate prices have held steady throughout May, with a recent assessment noting a marginal increase. In the initial two weeks, Lithium Carbonate prices remained unchanged in the US domestic market due to a lack of significant market developments. Over the past few sessions, prices have continued to remain stable. The demand for Lithium Carbonate in the downstream Lithium-ion battery sector has been moderate.

Amid an oversupply situation, sellers in South America have lowered their offered quotations for Lithium Carbonate. As of May xx, xxxx, the discussed prices of Lithium Carbonate Battery Grade DDP USGC were USD xx,xxx/MT, an increase of x.xx from the previous week.

Downstream demand from the domestic automotive sector has remained steady at a moderate level, with ample Lithium Carbonate available in the local market. However, consumer inquiries have been sluggish, and new purchase...

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