Lithium Carbonate Prices, Demand, News, Chart and Forecast

 𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐈𝐧 𝐔𝐒𝐀

• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 18225 USD/MT (Lithium Carbonate Battery Grade)

By the quarter ending December 2023, the latest prices for lithium carbonate battery grade DDP USGC settled at 18,225 USD/MT.

The latest report by IMARC Group, titled " 𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," provides a thorough examination of 𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬. This report delves into the price of lithium carbonate globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

• 𝐉𝐚𝐩𝐚𝐧: 17060 USD/MT
• 𝐁𝐞𝐥𝐠𝐢𝐮𝐦: 18010 USD/MT
• 𝐂𝐡𝐢𝐥𝐞: 16710 USD/MT

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/lithium-carbonate-pricing-report/requestsample

𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝- 𝐋𝐚𝐬𝐭 𝐐𝐮𝐚𝐫𝐭𝐞𝐫

The lithium carbonate market is primarily driven by the surging demand for lithium-ion batteries, which are critical components in the growing electric vehicle (EV) sector and renewable energy storage systems. As global awareness of climate change intensifies, governments and consumers increasingly prioritize sustainable transportation solutions, leading to substantial investments in electric mobility.

 This trend is further supported by various policy initiatives and incentives to reduce carbon emissions and promote clean energy technologies. Additionally, the proliferation of portable electronics, such as smartphones and laptops, continues to bolster the demand for high-capacity batteries, further driving the need for lithium carbonate.

 The increasing adoption of energy storage solutions for solar and wind power systems also contributes significantly to market growth, as lithium-ion batteries are essential for storing energy generated from renewable sources. Besides this, advancements in lithium extraction technologies, including more sustainable methods, enhance supply chain efficiencies and expand production capacities, which is essential to meet the escalating global demand.

𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

In the second quarter of 2024, the North American lithium carbonate market experienced a notable price increase, primarily due to a complex interplay of supply and demand dynamics. Elevated freight charges across major maritime trade routes significantly raised shipping costs, compounded by an unexpected surge in ocean freight demand from Asia, driven by restocking efforts in Europe and the acceleration of peak season demand among North American importers.

This situation strained the container market, further exacerbated by logistical challenges, including capacity constraints and port congestion. Meanwhile, in Europe, lithium carbonate prices experienced upward pressure due to moderate-to-high supply levels and substantial inventory among manufacturers. Belgium saw pronounced price increases resulting from high product availability and sluggish consumption rates, with rising production costs linked to higher spodumene prices.

Conversely, the Asia-Pacific region faced a significant downturn in lithium carbonate prices, largely due to an oversupplied market from cheaper imports, weakened demand from battery manufacturers, and subdued interest in electric vehicles. This bearish trend was particularly evident in Japan, reflecting broader challenges within the market. In South America, particularly Chile, lithium carbonate prices experienced a marginal decline amid weak consumer demand and oversupply issues, with major producers maintaining consistent production levels despite overall bearish market conditions influenced by sluggish EV sales and economic challenges.

𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 : https://www.imarcgroup.com/request?type=report&id=22524&flag=C

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
• 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:

𝗜𝗠𝗔𝗥𝗖 𝗚𝗿𝗼𝘂𝗽
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼:(𝗗) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.