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US Lithium Fluoride market remained stable during the first half of March xxxx, despite a few shifts in the global market. This stability is primarily credited to an equilibrium between availability of goods and demand, despite the market regularly encountering financial and operating difficulties, such as sporadic excess and fluctuating demand patterns across the various consumer markets.
Lithium Fluoride, an important raw material within lithium-ion batteries, is primarily imported to the U.S. from Asia, particularly from China. In the recent months, the worldwide lithium market has experienced a structural surplus in supplies. There are oversupply estimations of around xx,xxx tons in xxxx and projections of xxx,xxx tons in xxxx. This significant overabundance has exerted large downward pressure on Lithium Fluoride prices since the start of this year.
Despite this supply glut, prices concerning Lithium Fluoride have remained steady within the U.S. market. This steadiness is mostly...
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