LCE's Big Problem to Become Profitable Prices for lithium hydroxide and lithium carbonate on a CIF China, Japan and South Korea (CJK) basis fell by more than 80% throughout 2023 and into 2024 after reaching record highs in 2022.
Fastmarkets’ price assessment for lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea was $12.50-14.00 per kg on Friday March 8, down by 84.13% from $83.00-84.00 per kg on January 3, 2023.
And Fastmarkets’ price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea was $12.40-14.00 per kg on Friday, down by 83.29% from $78.00-80.00 per kg on January 3, 2023.