Lithium Price Forecast 2024. The consultancy has slashed its forecast for china's mined lithium output growth in 2024 to about 12% from 54% previously, mainly due to the lepidolite. Analyst price forecast suggests 88.98% upside.
While 2023 has been a rough year for lithium, things could turn around as soon as 2024. Lithium spot prices fell over 80% in 2023.
The Supply Side Is A Key.
It expects chinese lithium carbonate prices as low as 80,000 yuan a ton in 2024, averaging at around 100,000 yuan, equivalent to production costs in jiangxi,.
It Has Been Dubbed The White Gold Of The Energy Transition, But In The Past Year The Price Of Lithium Has Dropped By More Than 80 Per Cent.
Lithium spot prices fell over 80% in 2023.
April Saw Flake Graphite Prices Mixed And Generally Flat At Very Low Prices Near Us$500/T.
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April 9, 2024 At 2:04 Am Pdt.
Market tightness is keeping lithium prices strong.
Welcome To The April Edition Of The Graphite Miners News.
In light of the above, its analysts expect lithium to command the following (per tonne):
Analysts At Morningstar Using Data Shared From Platts, Lme, Benchmarked Minerals, Fastmarkets, And Morningstar Itself Are Forecasting Lithium Prices To Stabilize.