What is the expected price of lithium (lithium) in 12 months?
Lithium is expected to trade at 76051.12 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 78958.88 in 12 months time.
What happened to lithium carbonate prices in China?
Lithium carbonate prices were at CNY 74,000 per tonne, holding most of the decline from the one-year high of CNY 87,100 from August as markets assessed the outlook of supply controls from the Chinese government against demand for electric vehicles.
Which countries import lithium?
The biggest lithium producers are Chile, China, Australia and Argentina. The largest lithium importers are China, Japan, South Korea and the United States. Lithium carbonate futures rose to CNY 79,000 per tonne, the highest in two months, on a rebound in the demand outlook.
Why did lithium carbonate prices rise in October?
Lithium carbonate prices rose to CNY 78,500 per tonne in October, the highest in nearly two months, amid signs of improving demand. Output of new energy vehicles in China rose by 20.3% annually in September, the highest since the start of the year.
What happened to lithium in October ?
Lithium rose to 80,550 CNY/T on October 31, , up 0.69% from the previous day. Over the past month, Lithium's price has risen 9.52%, and is up 11.10% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
When did lithium reach an all time high?
Historically, Lithium reached an all time high of 5750000 in December of . Lithium - data, forecasts, historical chart - was last updated on November 1 of . Lithium rose to 80,550 CNY/T on October 31, , up 0.69% from the previous day.
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