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Lithium Carbonate Prices, Historical Chart, Price Graph 2024, Index and Forecast Database

12-12-2024 12:16 PM CET | Chemicals & Materials

Press release from: IMARC Group

Lithium Carbonate Prices

Lithium Carbonate Prices

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ ๐Œ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐๐Ÿ’

๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐”๐’๐€:

In the fall of 2023, the prices of lithium carbonate in the United States reached $18,225 per metric ton in December. During this period, poor demand from the automotive and battery manufacturing industries determined the market's downward trend. The supply was adequate in the market, but purchases were mostly on the decline as buyers were very careful. Furthermore, the world continued with declines in lithium prices, which put extra pressure on the US markets, making it a stagnant and less active environment. These were some of the factors that added to the overall bearish price trend.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/lithium-carbonate-pricing-report/requestsample

๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง:

Within the fourth quarter of this year 2023, the price of lithium carbonate in Japan hit the amount of $17,060 per metric ton at the end of December. The Japanese lithium carbonate market had some reason to challenge at this point in time. Demand from battery manufacturers to support lithium carbonate consumption became very weak. Flooding with a number of imports at a low price created further pressure on the prices. Reducing prices became necessary for sellers, resulting in much lower price trends for lithium carbonate in Japan.

๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐๐ž๐ฅ๐ ๐ข๐ฎ๐ฆ:

During the last quarter of the year 2023, at the end of December, Belgian lithium carbonate priced on the international market at $18,010 for a metric ton. The market was bearish; prices decline. This situation is typically attributed to reduced demand from industries that utilize lithium carbonate and inventories piling on the market. Besides, further price decrease from China had diet-into less inquiry from consumers and priced lithium carbonate lower in Belgium. All those factors create a weaker market with prices declining for lithium carbonate.

๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ฅ๐ž:

In December 2023, the price of lithium carbonate peaked at $16,710 per metric ton in Chile. At that time, the markets in Chile were bearish, indicating falling prices. This was primarily due to the weak demand for lithium carbonate in the manufacture of lithium-ion batteries, the main end-use for this material. Also, there was an oversupply of lithium carbonate available in the market, as regional producers still managed to produce high amounts of the product. But, limited trading activity, due to low demand from major markets, affected the trend itself and contributed to the slumping prices.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—ฎ๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22524&flag=C

๐‡๐จ๐ฐ ๐ˆ๐Œ๐€๐‘๐‚ ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐ƒ๐š๐ญ๐š๐›๐š๐ฌ๐ž ๐‚๐š๐ง ๐‡๐ž๐ฅ๐ฉ

The latest IMARC Group study, "๐‹๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ, ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐„๐๐ข๐ญ๐ข๐จ๐ง," presents a detailed analysis of Lithium Carbonate price trend, offering key insights into global Lithium Carbonate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Lithium Carbonate demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.ย 

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a 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.

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