Global investment bank Citigroup released the latest research report on the Lithium market, significantly lowering its price forecast for Lithium-related products in the next two years, with a maximum reduction of 40%. The report covers the three major upstream raw materials for the Lithium-ion battery sector, namely Lithium CarbonateLithium, Lithium HydroxideLithium, and Spodumene ConcentrateLithium. It also lowered the price estimates for related varieties up to the end of 2028, adding further pessimistic expectations to the already weak Lithium market.
Global investment bank Citigroup released the latest research report on the Lithium market, significantly lowering its price forecast for Lithium-related products in the next two years, with a maximum reduction of 40%. The report covers the three major upstream raw materials for the Lithium-ion battery sector, namely Lithium CarbonateLithium, Lithium HydroxideLithium, and Spodumene ConcentrateLithium. It also lowered the price estimates for related varieties up to the end of 2028, adding further pessimistic expectations to the already weak Lithium market.