Your privacy choice
S7 Markets works without measurement. If you allow it, we count which screens are opened and which actions are taken, on our own domain and never anything you typed. You can change this in Settings at any time.
Read the privacy policyLME_LITHIUM
Market read
The divergence between energy-linked contracts (crude, EG, fuel oil, PTA) and industrial/battery materials (lithium carbonate, iron ore) reflects differing demand narratives: lithium carbonate's decline of more than 3% is directly relevant to LME lithium and the broader battery supply chain, as Chinese domestic futures serve as a key price reference for global lithium pricing; meanwhile, the crude-oil-linked complex rising more than 6% (SC crude) signals a separate energy-sector demand or supply dynamic that flows into petrochemical feedstocks (EG, PTA, fuel oil).
Try Pro
Track capital flows and market sentiment in real time, across every asset.
No price data yet
LME_LITHIUM
Get alerted on the moves that matter.
Track capital flows and market sentiment in real time, across every asset.
China's domestic commodity futures closed mixed at midday on July 30, with lithium carbonate and iron ore each falling more than 3% while SC crude oil surged more than 6% and ethylene glycol rose nearly 5%.
The divergence between energy-linked contracts (crude, EG, fuel oil, PTA) and industrial/battery materials (lithium carbonate, iron ore) reflects differing demand narratives: lithium carbonate's decline of more than 3% is directly relevant to LME lithium and the broader battery supply chain, as Chinese domestic futures serve as a key price reference for global lithium pricing; meanwhile, the crude-oil-linked complex rising more than 6% (SC crude) signals a separate energy-sector demand or supply dynamic that flows into petrochemical feedstocks (EG, PTA, fuel oil).
Jin10·08/04, 01:12 PM
Jin10·07/30, 02:01 PM
Low impact