Though, the global lithium salts market is showing initial signs of recovery after a prolonged phase of oversupply. Production modifications and improvement in demand from EVs and ESS are helping to stabilize market conditions to an extent. However, the short-term outlook remains weak due to inventory buildup and slow seasonal restocking.
The influx of low-cost Lithium Hydroxide imports significantly impacted domestic prices in the US. Sellers adjusted their offers downward to stay competitive, intensifying price pressures. Meanwhile, supply-side curtailments of upstream raw materials of Lithium Hydroxide in China and Africa provided minor relief, as production adjustments helped limit further Lithium Hydroxide declines.
In the upstream markets, in ****, overseas purchases of upstream lithium carbonates decreased by *.** to **K tons, marking the first decline since ****. Despite this drop, total imports showed a strong expansion over the last decade, growing at an average...
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