Lithium Market Report October 2014

In October, many battery grade lithium carbonate producers wanted to raise quotations of the material due to increasing spodumene prices. There were active inquiries in spot market at that time since downstream consumers were trying to check the real prices, however, most consumers didn’t place orders at last and just held wait-and-see attitude, leading to stable transaction prices lying in the range of RMB40-42/kg (USD6.Asian Metal Copyright There were active inquiries in spot market at that time since downstream consumers were trying to check the real prices, however, most consumers didn’t place orders at last and just held wait-and-see attitude, leading to stable transaction prices lying in the range of RMB40-42kg USD6.Asian Metal Copyright51-6.84/kg).Asian Metal Copyright84kg.Asian Metal Copyright As for industrial grade lithium carbonate, since brine-based producers in Qinghai decreased its output for cold weather in winter, resulting in less supply of the material, prices of industrial grade lithium carbonate witnessed slight increment.Asian Metal CopyrightIn October, many battery grade lithium carbonate producers wanted to raise quotations of the material due to increasing spodumene prices.Asian Metal Copyright Talking about lithium cobalt oxide, prices were reported to fall down a bit owing to sharply dropping prices of cobalt tetroxide.

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