Commodity Market Report
Global lithium short term outlook April 2023
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Lithium prices continued to decrease at an accelerated pace in April. The two key drivers are: * destocking across the battery supply chain leading to lower lithium demand * increasing supply We forecast the decrease in lithium demand to be short-lived and that demand will return to the market later this year with indications already in place. The demand profile will be met with a continued growth in supply which will prevent prices from returning to previous highs.
Table of contents
- Current prices
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Price outlook
- Lithium carbonate
- Lithium hydroxide
- Spodumene concentrate
- Electric vehicles
- Lithium
- Resources
- Refining
- China market
Tables and charts
This report includes the following images and tables:
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Quarterly lithium carbonate price forecast, USD/t CIF excluding VAT, nominalQuarterly lithium hydroxide price forecast, USD/t CIF excluding VAT, nominalQuarterly spodumene concentrate price forecast, USD/t CIF excluding VAT, nominal
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Electric vehicle sales by region, thousands of vehiclesCathode demand by type, ktLithium demand by cathode chemistry, t LCELithium demand by product, kt LCELithium chemical supply outlook by product, kt LCE
What's included
This report contains:
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