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Chinese Lithium Prices Fall to Nearly 10-Month Low on Demand Concerns

China’s lithium carbonate futures slid to a nearly 10-month low on Monday. The report said a deal with the European Union to cut hybrid-car exports exacerbated concerns about demand prospects for the EV battery material.

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China's lithium carbonate futures fell on Monday to a level near a 10-month low. Concerns about demand prospects for the electric-vehicle battery material were heightened by a deal with the European Union to reduce hybrid-car exports. 6930 Chinese yuan)