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Lithium futures price intraday trading saw lithium futures

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Intraday trading saw lithium futures price bounce from $12,980 to $13,250 as CPI data suggested cooling inflation, potentially boosting EV affordability and battery demand. It is also important to note the recent changes to analyst estimates for Lithium Americas Corp. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Senior metals columnist who previously covered industrial metals markets for Metals Week and was EMEA commodities editor at Knight-Ridder (subsequently Bridge). Started up Metals Insider in 2003 and sold it to Thomson Reuters in 2008, he is author of ‘Siberian Dreams’ (2006) about the Russian Arctic. Commodity traders highlight that lithium futures price resilience above $13k has attracted new speculative longs, particularly among macro funds betting on green energy growth.