Lithium carbonate prices fell to CNY 151,000 in July, their lowest in nearly four months, amid the outlook of higher global supply. CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension. On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations. 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. Still, industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing. On top of that, accelerating demand for energy storage systems magnified lithium consumption, even as EV orders in China slow.
Lithium fell to 145,500 CNY/T on July 24, 2026, down 0.68% from the previous day. Over the past month, Lithium's price has fallen 7.32%, but it is still 99.59% higher than a year ago, 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 July 25 of 2026.
Lithium fell to 145,500 CNY/T on July 24, 2026, down 0.68% from the previous day. Over the past month, Lithium's price has fallen 7.32%, but it is still 99.59% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium is expected to trade at 148673.68 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 163323.75 in 12 months time.