Amid intensifying apprehensions regarding the escalation of raw material prices, the average cost of battery-grade lithium carbonate has recently surged beyond ¥300,000 ($42,000) per tonne.
The price cycle of lithium carbonate reveals that the latest quote was sustained at ¥300,000 ($42,000) per tonne as of March 20. From its nadir of ¥180,000 ($25,200) per tonne, lithium carbonate has displayed a trend where it drops to and then subsequently rebounds from this low point within a one-month interval.
As lithium prices witness a rapid surge, a chain reaction has been initiated within the. . .
