Chinese battery metal markets face headwinds in 2024 amid oversupply
January 8, 2024 Comments Off
After witnessing skyrocketing growth over the past few years, the Chinese battery metals market moved into a downward trajectory in 2023 amid surplus supply, a trend which is expected to spill over into 2024 and keep the prices of key commodities under pressure. The price direction of one of those commodities — lithium — took everyone by surprise in 2023….
Chinese battery metal markets face headwinds in 2024 amid oversupply
After witnessing skyrocketing growth over the past few years, the Chinese battery metals market moved into a downward trajectory in 2023 amid surplus supply, a trend which is expected to spill over into 2024 and keep the prices of key commodities under pressure. The price direction of one of those commodities — lithium — took everyone by surprise in 2023….
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