The freefall in lithium prices could be about to start reversing soon as demand for EVs and energy storage is expected to pick up from this quarter onwards, analysts say. The price of lithium in China has crashed since the end of last year amid sluggish demand in the world’s largest EV market. But signs have recently started to emerge that the price decline could end soon.
“Inventory in the supply chain is already at a low level, and with the recovery of downstream demand in the second quarter, lithium prices could stop falling…Lithium Prices Could Start To Rebound Soon
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