Citi Cuts Lithium Forecasts on Worsening Battery Demand Outlook

🌐 Bloomberg (United States) —

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Citigroup lowered its lithium price forecasts for the next two years, citing a weaker outlook for battery-demand growth. The bank also pointed to trade uncertainty and broader macroeconomic headwinds as risks to the market.

Citigroup Inc. cut its price targets for lithium for the next two years, citing concerns over a slowdown in battery demand growth, rising trade uncertainty and broader macroeconomic headwinds.

Markets Commodities Energy lithium Citigroup price forecasts battery demand trade uncertainty commodities

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