China Lithium Prices Tumble on Weak EV Sales and Middle East Tensions

China Lithium Prices Tumble on Weak EV Sales and Middle East Tensions
Post Views: 124 China Lithium Prices China Lithium Prices Tumble Amid EV Slowdown China lithium prices tumble sharply as electric vehicle sales weaken across the domestic market. The most-active lithium carbonate contract on the Guangzhou Futures Exchange fell 12.99% to 150,860 yuan per metric ton. The contract hovered near its 13% daily trading limit during daytime activity. Traders reacted quickly to softer February sales data from major EV manufacturers. As a result, market sentiment turned cautious across the battery materials sector. Industry leader BYD reported a year-on-year sales decli...

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