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China’s lithium prices continue downtrend amid weak futures market
Spot lithium prices in the CIF China, Japan and Korea (CJK) market remained unchanged over the week ended Thursday following sustained weakness of consumer demand. Elsewhere, in the Europe and United States spot market lithium prices remained rangebound in a low liquidity environment. Spot lithium prices fell over the week to Thursday in China’s domestic market, which market participants attributed to major weakness in the futures market seen on Monday. Fastmarkets’ weekly price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China was 107,000-110,000 yuan ... (full story)