CICC Wealth Futures: Lithium prices fluctuate at high levels, supported by supply but pressured on the demand side

Fundamental changes are minimal, with supply-side support sustained by Zimbabwe’s export ban and ongoing domestic disturbances, leading to high market sentiment; however, demand-side pressures arise from declining new energy vehicle sales and increasing inventories, while the positive effect of new energy storage capacity additions will take time to transmit. Currently, lithium prices are at a high level, and without new strong unilateral driving factors, prices will fluctuate within a range. (CICC Wealth Futures)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin