Chinese battery metal markets face headwinds in 2024 amid oversupply

After witnessing skyrocketing growth over the past few years, the Chinese battery metals market moved into a downward trajectory in 2023 amid surplus supply, a trend which is expected to spill over into 2024 and keep the prices of key commodities under pressure. The price direction of one of those commodities — lithium — took everyone by surprise in 2023….After witnessing skyrocketing growth over the past few years, the Chinese battery metals market moved into a downward trajectory in 2023 amid surplus supply, a trend which is expected to spill over into 2024 and keep the prices of key commodities under pressure. The price direction of one of those commodities — lithium — took everyone by surprise in 2023….  Read More