Spod to rise as futures has21 May 2026 08:33
Today, the #lithium carbonate price increased, reaching $26,689/t, up 56% YTD, and up 221% since the Second Great Bottom. Meanwhile, as midday approached, the price of the most actively traded Li2CO3 futures rose 2.36%. The IEA's announcement that the global penetration rate of electric vehicles will reach 30% by 2026 appears to be the primary driver of this sudden price increase.