Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Fresh data from the Shanghai Metals Market pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. On top of that, mid-year maintenance for producers drove carbonate output to contract 4% on the month to 30,320 tonnes during July. In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases.

Historically, Lithium reached an all time high of 500000 in March of 2022. Lithium - data, forecasts, historical chart - was last updated on August of 2022.

Lithium is expected to trade at 484185.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 504813.00 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Lithium



Price Day Month Year
Gold 1,750.62 -7.58 -0.43% 3.19% -1.70%
Silver 19.22 -0.297 -1.52% 3.05% -16.46%
Copper 3.65 0.0056 0.15% 9.64% -11.82%
Steel 3,996.00 -49.00 -1.21% 5.07% -19.39%
Iron Ore 104.00 -1.50 -1.42% 2.97% -26.76%
Lithium 480,500.00 0 0% 1.05% 357.62%
Platinum 898.51 -12.49 -1.37% 4.71% -9.79%


Lithium
Trading Economics provides Lithium pricing based on spot prices for Lithium Carbonate, 99.5% Li2CO3 min, battery grade, traded in China. Lithium is a silver-white light metal. Lithium hydroxide is used in batteries for electrical vehicles and mobile phones. Lithium hydroxide is produced from a chemical reaction between lithium carbonate and calcium hydroxide. The biggest lithium producers are Chile, China, Australia and Argentina. The largest lithium importers are China, Japan, South Korea and the United States.
Actual Previous Highest Lowest Dates Unit Frequency
480500.00 480500.00 500000.00 39000.00 2017 - 2022 points Daily