--- title: "CITIC Securities Expects Lithium Prices to Rise in Coming Months" type: "News" locale: "en" url: "https://longbridge.com/en/news/286013117.md" description: "CITIC Securities anticipates a rise in lithium prices to 250,000 yuan per ton within the next 2-3 months due to ongoing supply disruptions in Africa and changes in domestic lithium mica supply. The report highlights a reduction in annual production guidance from Greenbushes and a decline in South American lithium salt exports, contributing to a supply contraction. Additionally, the demand for power and energy storage batteries is expected to exceed previous forecasts, with an increase in lithium battery production noted in May." datetime: "2026-05-12T00:24:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286013117.md) - [en](https://longbridge.com/en/news/286013117.md) - [zh-HK](https://longbridge.com/zh-HK/news/286013117.md) generator: "portal-rs" --- # CITIC Securities Expects Lithium Prices to Rise in Coming Months CITIC Securities reported on May 12 that disruptions in African lithium resource supply have not been resolved, and domestic lithium mica supply may face new variables. According to Jin10, Greenbushes has lowered its annual production guidance, and the marginal increase in South American lithium salt exports has declined, leading to an overall supply contraction in the next 2-3 months. The demand for power and energy storage batteries in 2026 is exceeding expectations, with lithium battery production in May increasing compared to the previous month. CITIC Securities expects that the favorable supply-demand dynamics may drive lithium prices to rise to 250,000 yuan per ton in the next 2-3 months. ### Related Stocks - [002466.CN](https://longbridge.com/en/quote/002466.CN.md) - [002460.CN](https://longbridge.com/en/quote/002460.CN.md) - [09696.HK](https://longbridge.com/en/quote/09696.HK.md) - [600030.CN](https://longbridge.com/en/quote/600030.CN.md) - [06030.HK](https://longbridge.com/en/quote/06030.HK.md) ## Related News & Research - [Tianqi Lithium files HKEX next-day disclosure return on share repurchase, cancellation at RMB 16.71](https://longbridge.com/en/news/296486555.md) - [Ximei Resources clarifies tantalum pricing mechanism in Ganfeng Lithium procurement deal](https://longbridge.com/en/news/296362749.md) - [Metso expands South America footprint with new Brazil service center investment](https://longbridge.com/en/news/296336627.md) - [Moody's Affirms CATL A3 Issuer Rating, Outlook Revised to Positive](https://longbridge.com/en/news/296605274.md) - [The world’s biggest EV battery maker says all 20 plants are carbon neutral](https://longbridge.com/en/news/296132594.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**