Lithium price slips again in China as futures churn, February buying in focus
China’s battery-grade lithium carbonate price fell 2.33% to 168,000 yuan ($21,340) per ton Thursday, according to SMM. The most-traded futures contract fluctuated between 158,800 and 173,900 yuan, with open interest down by 8,638 lots. Upstream, the SMM spodumene concentrate index slipped 1% to $2,168 a ton CIF China. Traders are watching January PMI data and February production plans ahead of the Lunar New Year.