Lithium carbonate rebounded to CNY 165,000 per tonne from the three-month low of CNY 151,750 on June 29th as signs of strong demand outweighed recent upgrades to global supply. Industry reports in China, the world's largest consumer by far, 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 consumption, even as EV orders in China slow. Energy storage systems are procured by Beijing to manage data center power loads that are in growing demand due to AI compute expansions, in addition to the wave of grid integration from growing renewable power sources. Still, ample supply capped a sharper rally. CATL's large Jianxiawo mine cleared security permits to restore activity following its prolonged suspension, and higher lithium prices drove Australian miners to restore operations.
Lithium fell to 154,000 CNY/T on July 13, 2026, down 0.65% from the previous day. Over the past month, Lithium's price has fallen 9.68%, but it is still 138.21% 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 13 of 2026.
Lithium fell to 154,000 CNY/T on July 13, 2026, down 0.65% from the previous day. Over the past month, Lithium's price has fallen 9.68%, but it is still 138.21% 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 159059.45 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 173848.00 in 12 months time.