---
title: "China lithium futures hit fresh low amid surging supplies"
description: "BEIJING, Sept 6 (Reuters) - China lithium futures fell to a fresh low on Friday as surging supplies accelerated a downtrend of the metal mainly used for electric vehicles.The most-traded November lith"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/213629574.md"
published_at: "2024-09-06T06:00:21.000Z"
---

# China lithium futures hit fresh low amid surging supplies

> BEIJING, Sept 6 (Reuters) - China lithium futures fell to a fresh low on Friday as surging supplies accelerated a downtrend of the metal mainly used for electric vehicles.The most-traded November lithium carbonate futures on the Guangzhou Futures Exchange hit 69,700 yuan per ton, the lowest since it was launched last July.The contract has lost 12% from a month earlier and down 36% since the beginning of this year.

BEIJING, Sept 6 (Reuters) - China lithium futures fell to a fresh low on Friday as surging supplies accelerated a downtrend of the metal mainly used for electric vehicles.

The most-traded November lithium carbonate futures on the Guangzhou Futures Exchange hit 69,700 yuan per ton, the lowest since it was launched last July.

The contract has lost 12% from a month earlier and down 36% since the beginning of this year.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.