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2024 Lithium Carbonate Jan-Feb (China)


  • China’s imports declined in February
  • Imports from Australia, dropped significantly due to low prices and demand.
  • African imports surged, indicating a potential shift in China’s sourcing strategy.

Lithium Carbonate

  • Lithium carbonate supply decreased month-on-month but increased year-on-year.
  • Reduced production due to Chinese New Year and annual LCE plant maintenance, impacted supply.
  • January-February: Cumulative figures show a surplus.
  • Lithium prices bounced.
  • Oversupply remains a factor, putting a ceiling on lithium prices.