Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets

Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets: Cross-commodity price reporting agency Fastmarkets reports that Chinese lithium prices are rising as a result of constrained supply, with Chinese lithium consumers topping up their inventories and scrambling for available spot units in the past two weeks before logistics in China start to come to a halt ahead of the Chinese New Year holiday. While the period over January 31 to February 6 is designated as a public holiday this year, it is common for Chinese workers to take time off beyond just the official days, the firm notes.

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Lithium market to remain constrained, Fitch Solutions forecasts

Lithium market to remain constrained, Fitch Solutions forecasts: Despite strong production growth in the years to come, Fitch Solutions Country Risk and Industry Research expects the global lithium market to remain tight in the coming years as the green transition accelerates, boosting demand for batteries spanning from electric vehicles (EVs) to utility-scale batteries. The unit also expects the market to record increasingly large deficits to 2030. 

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