Monthly Lithium Market Report Sep 2020
2020-10-14 19:11:24 【Print】
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Market Highlights
In September, the Chinese LNCMO market continued to see growing transactions and major lithium salt producers held tight spot supply and therefore intended to raise their prices; as a result, lithium carbonate prices edged up. The Chinese high-nickel ternary material market did not run as well as expected, and lithium hydroxide prices stayed relatively stable.
On the power car market, in September orders from the minor power market decreased while orders from the power ternary market continued to increase; but affected by dropping prices for raw material cobalt sulfate, LNCMO prices edged down.
The 3C market saw steady transactions. Though prices for raw material lithium carbonate edged up, LCO prices moved down slightly as cobalt tetroxide prices dropped notably.
In September, the Chinese LNCMO market continued to see growing transactions and major lithium salt producers held tight spot supply and therefore intended to raise their prices; as a result, lithium carbonate prices edged up. The Chinese high-nickel ternary material market did not run as well as expected, and lithium hydroxide prices stayed relatively stable.
On the power car market, in September orders from the minor power market decreased while orders from the power ternary market continued to increase; but affected by dropping prices for raw material cobalt sulfate, LNCMO prices edged down.
The 3C market saw steady transactions. Though prices for raw material lithium carbonate edged up, LCO prices moved down slightly as cobalt tetroxide prices dropped notably.
