Lithium carbonate prices in China dropped to CNY 151,750 per tonne, the lowest level in three months, following speculation that one of the world’s largest lithium mines could resume operations soon. Contemporary Amperex Technology’s Jianxiawo mine in Jiangxi province was suspended last year due to permitting issues, but a recent government notice regarding a preliminary land assessment has fueled expectations that the site could restart in the second half of 2026. However, the notice did not confirm any reopening plans and appears to be a procedural step related to land-use approval. Analysts said the market has already priced in the possibility of a near-term restart, despite limited confirmation. They warned that a potential return of Jianxiawo output could weigh on prices, but still expects lithium supply and demand conditions to remain relatively tight as significant new battery capacity is scheduled to come online in the third quarter.
Lithium rose to 162,500 CNY/T on July 2, 2026, up 1.56% from the previous day. Over the past month, Lithium's price has fallen 4.69%, but it is still 161.67% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lithium reached an all time high of 5750000 in December of 2022. Lithium - data, forecasts, historical chart - was last updated on July 2 of 2026.
Lithium rose to 162,500 CNY/T on July 2, 2026, up 1.56% from the previous day. Over the past month, Lithium's price has fallen 4.69%, but it is still 161.67% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium is expected to trade at 161223.00 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 170449.25 in 12 months time.