May 20, 2021 Vulcan Energy

The battery metals price reporting and research agency said lithium hydroxide EXW China was up 11.1% in the past two weeks to US$13,250 per tonne.

Average EXW China battery grade lithium carbonate remained stable at RMB89,000/t but recorded a 0.7% rise in US dollar terms due to the strengthening RMB exchange rate, to $13,800/t.

Likewise, technical grade lithium carbonate was also up 0.2% to $12,775/t, although Benchmark said the average price had fallen marginally to RMB82,500/t as growing seasonal domestic supply from Qinghai brine projects helped meet short-term demand.