China Battery Materials: Lithium into5th week of July - Tug of war between smelters and downstream-20260730
花旗·2026-07-30 23:18
Flash | 30 Jul 2026 10:24:35 ET │ 9 pages China Battery Materials Lithium into 5th week of July - Tug of war between smelters and downstream CITI'S TAKE Lithium price has been in the downward trajectory in the last few weeks, and we see an emerging tug of war between smelters and downstream consumers. Smelters (i.e. Jiuling Lithium, Sinomine Resource, Canmax Technologies, etc.) announced maintenance plans on lithium carbonate production lines recently, which we view as (1) a tactic to support gloomy lithium ...