While many market participants continue to forecast long-run prices for lithium-carbonate equivalent (LCE) in the mid-teens, analysts at commodity research group CRU remain unconvinced and believe that prices will remain in the single-digit figures.
In a CRU Insights report, published this week, analysts say that the “hype” has met “reality”, noting that lithium prices have crashed through the $10/kg LCE mark at the end of July, owing to plentiful supply.