Lithium prices in China plunged on Tuesday as weaker sales from major electric vehicle manufacturers and escalating Middle East tensions dampened demand prospects. The most-active lithium carbonate contract on the Guangzhou Futures Exchange fell 12.99% to close daytime trading at 150,860 yuan a metric ton, hovering near its 13% daily limit. The decline followed reports of softer February sales from several Chinese EV manufacturers, including industry leader BYD, whose EV sales plunged more than 40% year-on-year during the month. The Middle East conflict is expected to curb demand in the region, one of the ... (full story)