Monthly Lithium Market Report Nov 2019
2019-12-13 18:35:13 【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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Market Highlights
In November, most Chinese cathode material producers reported shrinking sales; accordingly their demand for lithium carbonate and lithium hydroxide declined, leading to prices for the two materials.
As the 3C market was in the off season, battery producers showed decreasing demand for raw material LCO; further affected by dropping prices for raw material lithium carbonate and cobalt tetroxide, LCO prices moved down.
Regarding the power car market, LNCMO battery producers maintained low operating rates; further affected by dropping prices for raw material lithium carbonate and cobalt sulfate, LNCMO prices decreased.
As pharmaceutical producers maintained low operating rates; they purchased lithium metal only in small quantities, leading to decreasing prices for lithium metal.
In November, most Chinese cathode material producers reported shrinking sales; accordingly their demand for lithium carbonate and lithium hydroxide declined, leading to prices for the two materials.
As the 3C market was in the off season, battery producers showed decreasing demand for raw material LCO; further affected by dropping prices for raw material lithium carbonate and cobalt tetroxide, LCO prices moved down.
Regarding the power car market, LNCMO battery producers maintained low operating rates; further affected by dropping prices for raw material lithium carbonate and cobalt sulfate, LNCMO prices decreased.
As pharmaceutical producers maintained low operating rates; they purchased lithium metal only in small quantities, leading to decreasing prices for lithium metal.
