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Exclusive: Chinese lithium producers set price floor as demand evaporates, sources say
China's top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six people familiar with the matter said, in an effort to slow a plunge in the price of the battery raw material.
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Markets Performance
Official Data PartnerCommodities
| Future | Last | % Change |
|---|---|---|
| Gold | 1,969.80 | 0.53% |
| Copper | 775.05 | 1.74% |
| Brent Crude Oil | 79.74 | 0.59% |
| CBOT Soybeans | 1,505.00 | 2.07% |
Stocks
| Index | Last | % Change |
|---|---|---|
| S&P 500 | 4,109.31 | 1.44% |
| Euro STOXX 50 | 4,315.05 | 0.69% |
| FTSE 100 | 7,631.74 | 0.15% |
| Nikkei 225 | 28,041.48 | 0.93% |
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
