Lithium Market Report June 2016
2016-07-29 19:04:10 【Print】
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The market for lithium products went into down track in June as prices for lithium carbonate, lithium hydroxide and lithium metal all contracted except for those for lithium chloride, which went against the trend and climbed up
. In spite of that, the market activity has been stable in general . According to participants, although the prices dipped in general, lithium battery market remains the “only promising one” in China, which attracted attention from a wide variety of investors, with news on merger and acquisition frequently heard . Now that producers could gain good profit margin and demand from customers are steadily expanding, most participants are of positive view toward the market, believing the reduction of prices will benefit the long-term development of lithium battery industry.