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CN Lithium Industry Association: Feb Lithium Carbonate Prices Up 7.1% MoM, Showing 'Off-Season Not Weak' Trend
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The price of battery-grade lithium carbonate in Mainland China escalated from RMB148,000 per ton to RMB158,500 per ton in February, marking an MoM hike of 7.1%, the Lithium Industry Branch of the China Non-Ferrous Metals Industry Association stated. This indicated a continuation of the price uptrend, with market prices leapfrogging after the Spring Festival, showing an "off-season not weak" trend. It was expected that the basis between lithium carbonate futures and spot prices will continue to rattle for a while. AASTOCKS Financial News Website: www.aastocks.com |
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