China Lithium Futures Bounce Back From Debut Bloodbath
newscatcher
2023-07-25 12:33
China Lithium Futures Bounce Back From Debut Bloodbath
China's lithium futures clawed back some lost ground Tuesday after two straight days of declines in a brutal debut for the contracts, with the most-traded contract holding above the key psychological threshold of 200,000 yuan per ton ($28,010). The lithium carbonate contract for January delivery on the Guangzhou Futures Exchange rebounded 6.9% from Monday to close at 225,900 yuan per ton, data from the bourse showed. Futures for February to July delivery rose between 7.2% and 8.5% on Tuesday, closing between 191,350 yuan and 213,800 yuan per ton.

https://www.caixinglobal.com/2023-07-25/china-lithium-futures-bounce-back-from-debut-bloodbath-102083146.html

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