Monthly Lithium Market Report Dec 2019
2020-01-14 18:22:13 【Print】
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Market Highlights
With the year coming to an end, lithium chemical producers continued to cut selling prices out of selling pressure; as a result, lithium carbonate and lithium hydroxide prices dropped further.
The 3C electronics market was in the off season, and accordingly battery producers were inactive in purchasing LCO; further affected by dropping raw material prices, LCO moved down.
On the power car market, many small- and medium-sized LNCMO battery successively shut down for the New Year's holiday or carried out equipment maintenance; further affected by low prices for raw material lithium carbonate and cobalt sulfate, LNCMO prices moved down.
Pharmaceutical producers were inactive in purchasing lithium metal, leading to limited transactions on the lithium metal market; further affected by dropping prices for raw material lithium carbonate and lithium chloride, lithium metal prices moved down .
With the year coming to an end, lithium chemical producers continued to cut selling prices out of selling pressure; as a result, lithium carbonate and lithium hydroxide prices dropped further.
The 3C electronics market was in the off season, and accordingly battery producers were inactive in purchasing LCO; further affected by dropping raw material prices, LCO moved down.
On the power car market, many small- and medium-sized LNCMO battery successively shut down for the New Year's holiday or carried out equipment maintenance; further affected by low prices for raw material lithium carbonate and cobalt sulfate, LNCMO prices moved down.
Pharmaceutical producers were inactive in purchasing lithium metal, leading to limited transactions on the lithium metal market; further affected by dropping prices for raw material lithium carbonate and lithium chloride, lithium metal prices moved down .
