Lithium carbonate futures in China fell to CNY 155,000 per tonne from the one-month high of 175,000 from late February amid signs of a pullback in demand. New data showed that electric vehicle sales by top Chinese manufacturer BYD tanked 40% annually in February, a reversal from the growing trend in the previous months to raise concerns that the Chinese EV market may be slowing. The data magnifies worries that higher energy costs due to war in the Middle East could hamper large manufacturers from building input goods inventories, driving industrial metals to pull back. Still, Chinese supply was also expected to remain muted due to Beijing's anti-involution campaign. Authorities have already canceled 27 mining permits in the lithium hub of Jiangxi, aligned with the earlier suspension of activity in CATL's Jianxiawo lithium mine. Also, Zimbabwe suspended exports of lithium concentrates to put pressure on consumers to set up their refining operations in the country.
Lithium fell to 155,250 CNY/T on March 6, 2026, down 0.48% from the previous day. Over the past month, Lithium's price has risen 14.58%, and is up 106.86% 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 March 7 of 2026.
Lithium fell to 155,250 CNY/T on March 6, 2026, down 0.48% from the previous day. Over the past month, Lithium's price has risen 14.58%, and is up 106.86% 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 173861.79 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 190043.25 in 12 months time.