Podcast: Lithium February Market Outlook
The scale of impact of the coronavirus epidemic cannot be fully gauged while the situation is still unfolding. Lithium compound demand was not very strong in the last quarter of 2019, according to reports from our market contacts, due to high stocks across the value chain and weaker sales of EVs in China. On the supply side in China the status of lithium producers and consumers is far from uniform. Some plants are closed, extending the workforce returns from the holiday period, and some plants have returned to production, albeit often at low operating rates.
In a period when the Coronavirus has much of the headlines it is interesting to hear the progress being made by Chinese companies to advance their NEV industry.
In February, we launched a short monthly report recapping some of the major stories in the Battery Materials space that will be offered complimentary. To sign up for this please reach out to us at firstname.lastname@example.org.
Gain transparency into the lithium market with IHS Markit Global Lithium and Battery Materials Service's 5-year price forecasts and 10-year supply/demand forecasts.
Listen to previous Lithium Podcast:
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- Is it time for the Asian Nylon 6 Industry to Rebound?
- Light Vehicle Production Outlook In 2021
- COVID Drives CO2 Growth in Food Sector
- The 2020 collapse in crude oil prices changed the game for the chemical industry
- The Alpha Dogs of Alpha Olefins
- Delving into Derivatives: Oxo Alcohols, Acrylates and SAP