Monthly Lithium Market Report Sep 2021
2021-10-27 09:41:59 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Major suppliers held back from selling and kept lifting prices, so the Chinese industrial grade lithium carbonate 99%min witnessed rising prices in September. Consumers purchased actively in the first half of the month while they mainly held wait-and-see attitudes in the second half of the month.
Encouraged by soaring spodumene prices and producers' optimistic attitudes towards the demand outlook, Chinese battery grade lithium carbonate 99.5%min prices climbed in September.
The Chinese lithium hydroxide 56.5%min and lithium hydroxide 56.5%min, magnet 0.0001%max (battery grade) market kept witnessing climbing prices in September due to strong demand and suppliers' rising costs.
The Chinese LFP market saw active buying activities and increasing prices in the first half of September due to strong demand from battery industry and climbing lithium carbonate prices. However, in the second half of the month, consumers mainly stand on the sidelines under such high prices leading to few deals of the market.
Following with rising lithium carbonate and hydroxide prices, Chinese LNCMO prices increased in September. Consumers purchased for immediate use.
Because the 3C industry remained dim and buyers purchased inactively, Chinese LCO prices decreased in the first half of September while suppliers increased the LCO prices in the second half of the month as a result of suppliers' increasing costs. Supported by climbing lithium carbonate prices, the Chinese LMO market saw rising prices in September.
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Major suppliers held back from selling and kept lifting prices, so the Chinese industrial grade lithium carbonate 99%min witnessed rising prices in September. Consumers purchased actively in the first half of the month while they mainly held wait-and-see attitudes in the second half of the month.
Encouraged by soaring spodumene prices and producers' optimistic attitudes towards the demand outlook, Chinese battery grade lithium carbonate 99.5%min prices climbed in September.
The Chinese lithium hydroxide 56.5%min and lithium hydroxide 56.5%min, magnet 0.0001%max (battery grade) market kept witnessing climbing prices in September due to strong demand and suppliers' rising costs.
The Chinese LFP market saw active buying activities and increasing prices in the first half of September due to strong demand from battery industry and climbing lithium carbonate prices. However, in the second half of the month, consumers mainly stand on the sidelines under such high prices leading to few deals of the market.
Following with rising lithium carbonate and hydroxide prices, Chinese LNCMO prices increased in September. Consumers purchased for immediate use.
Because the 3C industry remained dim and buyers purchased inactively, Chinese LCO prices decreased in the first half of September while suppliers increased the LCO prices in the second half of the month as a result of suppliers' increasing costs. Supported by climbing lithium carbonate prices, the Chinese LMO market saw rising prices in September.
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