The price of lithium battery has recently changed in line with the market’s views towards lithium carbonate. Which has recently been impacted by the outlook of the lithium batteries scrap market and the prices variations of lithium carbonate futures.
Some upward battery electrode traders, according to Shree Metal Prices, have substantially increased their prices in the last 2 days.
Some regions saw an improvement in the cell recycling markets. Analysts expects a resurgence in lithium price in the 2nd quarter of 2023
However, crushing and powdering companies came under a lot of pressure in March and April. Due to the declining price of lithium carbonate and the weak demand in the downstream market. And output was halted or lowered.