Monthly Lithium Market Report Oct 2019
2019-11-14 17:51:25 【Print】
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Market Highlights
In October, as cathode material producers made still limited sales, they purchased raw material lithium carbonate and lithium hydroxide only in small quantities, leading to further dropping prices for lithium chemicals.
In October, the 3C electronic market was still in its busy season and LCO producers made active sales, leading to rising LCO prices. Moving toward late October, affected by dropping cobalt tetroxide prices, LCO prices moved down.
As for power car market, LNCMO producers still maintained low operating rates; with prices for raw material cobalt sulfate dropping in the latter half of October, LNCMO prices followed suit to decrease.
Affected by environmental inspections, Chinese pharmaceutical producers show weak demand for lithium metal, and lithium metal prices decreased further.
In October, as cathode material producers made still limited sales, they purchased raw material lithium carbonate and lithium hydroxide only in small quantities, leading to further dropping prices for lithium chemicals.
In October, the 3C electronic market was still in its busy season and LCO producers made active sales, leading to rising LCO prices. Moving toward late October, affected by dropping cobalt tetroxide prices, LCO prices moved down.
As for power car market, LNCMO producers still maintained low operating rates; with prices for raw material cobalt sulfate dropping in the latter half of October, LNCMO prices followed suit to decrease.
Affected by environmental inspections, Chinese pharmaceutical producers show weak demand for lithium metal, and lithium metal prices decreased further.
