Prices for lithium carbonate sold into China fell 18% in three months to the end of June, according to Australian lithium exporter Galaxy Resources, the second straight quarter of declines. The Chinese price for lithium hydroxide, which is increasingly preferred by the manufacturers of batteries for electric vehicles, fell by 4% in the period, Galaxy said. In a separate report, China's National Bureau of Statistics said its consumer prices index rose 0.4% last month, compared with an increase of 0.3% in
Prices for lithium carbonate sold into China fell 18% in three months to the end of June, according to Australian lithium exporter Galaxy Resources, the second straight quarter of declines. The Chinese price for lithium hydroxide, which is increasingly preferred by the manufacturers of batteries for electric vehicles, fell by 4% in the period, Galaxy said. Chinese prices for lithium carbonate and lithium hydroxide fell by 10% and 3% respectively in Q1.