Lithium futures in China were above CNY 170,000 per tonne, approaching the over-two-year high of CNY 181,000 touched on January 26th, tracking the positive momentum for industrial metals on signs of robust demand and fresh risks to supply. Zimbabwe suspended exports of lithium concentrates and other raw materials to increase its pressure on consumers to set up their refining operations in the country. This extended supply pressure as Chinese authorities canceled 27 mining permits in the lithium hub of Jiangxi, aligned with the earlier suspension of activity in CATL's Jianxiawo lithium mine amid Beijing's anti-involution campaign. Demand remained supported by Chinese investment in power infrastructure, recently exemplified by the announcement of higher power storage spending. This was combined with Beijing stating it would double national EV charging capacity to 180 gigawatts by 2027, supporting lithium-rich energy storage systems.
Lithium fell to 172,000 CNY/T on February 27, 2026, down 0.58% from the previous day. Over the past month, Lithium's price has remained flat, but it is still 128.72% 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 5750000.00 in December of 2022. Lithium - data, forecasts, historical chart - was last updated on March 1 of 2026.
Lithium fell to 172,000 CNY/T on February 27, 2026, down 0.58% from the previous day. Over the past month, Lithium's price has remained flat, but it is still 128.72% 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 173350.77 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 188236.80 in 12 months time.