The Prices Of Battery Metals Are Set To Slump ...Middle East

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The Prices Of Battery Metals Are Set To Slump
source : OILPRICE ( Middle East ) () 24
Prices of battery metals are about to start declining later this year, the China Nonferrous Metals Industry Association has forecast, citing a surge in supply. Nickel is one of the metals that may well sell for less in the second half of the year, driven by rising supply from Indonesia, a spokesman for the Association said as quoted by Bloomberg. There is also a downward risk for lithium carbonate and cobalt prices, Chen Xuesen also said, citing Goldman Sachs’ recent update on battery metals, in which the investment bank’s analysts…

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