(L) Lithium★ Featured Topics​Commodities

Bearish Lithium News Overestimates Production, Underestimates Demand

Up until a few months ago, the general consensus was that lithium markets were dangerously undersupplied. The resulting lithium boom caused prices to double in the last two years, rising as high as $16,500 per ton. However, there are now some forecasting a supply glut. Such predictions have rattled the industry that is undoubtedly experiencing an uptick in miners’ discoveries and projects, but such a rapid reversal remains questionable at this point.
The most prominent projection of lithium oversupply came in late February from Morgan Stanley. The investment ban...

 

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