Lithium carbonate prices fell to CNY 140,000 in August, their lowest in nearly six months, as downside consumption risks combined with higher global supply. China said it would end tax exemptions for lithium-ion batteries to rein in a race to the bottom between manufacturers. Industry reports in China indicated that competition between EV battery producers to retain market share drove companies to increase their production schedules, leading to higher lithium sourcing before the announcement. In turn, CATL's Jianxiawo mine, among the largest in the world, cleared security permits to restore activity following its prolonged suspension. On top of that, higher lithium prices since the start of the year drove Australian miners to restore operations. Mineral Resources will restart its Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project, making up for shortages elsewhere.
Lithium rose to 153,000 CNY/T on August 17, 2026, up 0.99% from the previous day. Over the past month, Lithium's price has risen 0.99%, and is up 84.99% compared to the same time last year, 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 August 17 of 2026.
Lithium rose to 153,000 CNY/T on August 17, 2026, up 0.99% from the previous day. Over the past month, Lithium's price has risen 0.99%, and is up 84.99% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium is expected to trade at 153784.28 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 170179.95 in 12 months time.