China Lithium Sees First Price Rise In Over A Month ...Middle East

After falling to their lowest level in 18 months in April and shedding some 70% from peak prices in November last year, lithium prices in China ticked up slightly on Wednesday for the first time in over a month, signaling a potential recovery in battery demand growth. Based on data from Trading Economics, lithium carbonate prices slipped below CNY 175,000 per tonne this month due to strong supply and weak demand, while analysts have predicted a surplus for 2023. Demand has been whittled away for this year due to Beijing’s move to end cash…

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