L R AS Published on Sunday 27 August 2023 - n° 454 - Categories:battery materials
Lower lithium prices will boost sales of electric vehicles
In July, lithium carbonate prices slowed once again, falling by a substantial 10%.
at the end of the month compared with the beginning. While upstream supply is gradually becoming more abundant, downstream manufacturers are persisting with their strategy of maintaining low stock levels. Throughout July, the price of lithium carbonate fell steadily, dropping below RMB 300,000 in the middle of the month. At the beginning of August, the rate of decline accelerated further, with lithium carbonate prices falling to RMB 250,000 per tonne.
https://www.energytrend.com/news/20230818-36658.html
EnergyTrend of 18 August 2023
Editor's note Lower lithium prices will boost sales of electric vehicles
