Lithium Market Report May 2016
2016-06-22 19:33:44 【Print】
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Prices for lithium salts rested at high levels at the beginning of May, but moved down with fluctuations during the month, while those for lithium metal saw large movements
. The lithium cobalt and ternary material markets shifted down periodically as it was uncertain whether downstream demand would continue to grow or not . The price trend of NCM precursor was highly in line with that of ternary material . According to the analysis of price movements witnessed by lithium products, prices for lithium salts remained at high levels . As a result, downstream electric car and battery companies increased their investments in lithium ores and salts to guarantee the supply security of raw material . The price trend of lithium metal embodied the new features of domestic market and exhibited characteristics of hysteresis and volatility.