Lithium carbonate prices in China rose past CNY 160,000 per tonne in April, the highest in nearly one month and gaining 40% since the start of the year amid bullish demand expectations in the near and longer terms. The surge in crude oil and product prices since the start of March supported the outlook for larger economies to favor new energy vehicles, which use batteries that take lithium as a major input. Likewise, BYD forecasted it will sell 1.5 million units overseas this year, revised higher from the January estimate of 1.3 million units. Demand also remained supported by Chinese investment in power infrastructure, recently exemplified by the announcement of higher power storage spending. This was combined with Beijing stating it would double national EV charging capacity to 180 gigawatts by 2027, supporting lithium-rich energy storage systems. In the meantime, Zimbabwe suspended exports of lithium concentrates and other raw materials to stimulate refining in the county.
Lithium fell to 161,500 CNY/T on April 1, 2026, down 0.92% from the previous day. Over the past month, Lithium's price has fallen 6.38%, but it is still 117.95% 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 April 1 of 2026.
Lithium fell to 161,500 CNY/T on April 1, 2026, down 0.92% from the previous day. Over the past month, Lithium's price has fallen 6.38%, but it is still 117.95% 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 166295.00 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 175016.60 in 12 months time.