Lithium carbonate prices in China fell to CNY 180,000 per tonne from the over two-year high of CNY 200,500 from May 13th as higher prices drove producers to restart mining activity. Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere. Zimbabwe imposed export quotas for lithium concentrates and a full export ban to start next year, and stated exports would be allowed for processed lithium to stimulate the investment in local processing. On the demand front, New data in top consumer China showed that new energy vehicles output, the top source of lithium demand due to their batteries, rose by 5.5% annually to 1.32 million units, while sales rose by 9.7% to 1.34 million units. Demand also remained supported by Chinese investment in power infrastructure, recently consolidated with Beijing stating it would double national EV charging capacity to 180 gigawatts by 2027.
Lithium fell to 178,000 CNY/T on May 22, 2026, down 2.20% from the previous day. Over the past month, Lithium's price has risen 2.89%, and is up 182.32% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lithium reached an all time high of 5750000 in December of 2022. Lithium - data, forecasts, historical chart - was last updated on May 23 of 2026.
Lithium fell to 178,000 CNY/T on May 22, 2026, down 2.20% from the previous day. Over the past month, Lithium's price has risen 2.89%, and is up 182.32% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium is expected to trade at 194572.80 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 213427.20 in 12 months time.