Lithium carbonate prices in China fell below CNY 123,000 per tonne, the lowest year-to-date, after an upward revision to stockpiles drove markets to price a more comfortable supply backdrop. Industry group SMM changed its methodology to compile inventory data that prompted a 175,000-ton increase in Chinese stockpiles, double the earlier estimates. This was combined with a strong outlook for Australian producers. Mineral Resources restarted Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its Finniss project. A sharper pullback was prevented by more disruption in CATL's Jianxiawo mine, China's largest by capacity and responsible for 4% of global supply. Chinese authorities revoked their environmental approvals for the mine to extend the period of permit hurdles for over one year, coinciding with Beijing's anti-involution campaign and efforts to combat producer overcapacity.
Lithium fell to 122,800 CNY/T on September 30, 2026, down 0.49% from the previous day. Over the past month, Lithium's price has fallen 22.52%, but it is still 66.96% 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 5750000.00 in December of 2022. Lithium - data, forecasts, historical chart - was last updated on October 4 of 2026.
Lithium fell to 122,800 CNY/T on September 30, 2026, down 0.49% from the previous day. Over the past month, Lithium's price has fallen 22.52%, but it is still 66.96% 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 126443.06 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 138211.40 in 12 months time.