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Lithium price up 203.07% so far this year

Old Nov 11, 2022 | 09:14 PM
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solidstate
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Lithium price up 203.07% so far this year

As the price of Lithium continues to increase in price, often measured over 10% per Month, (in fact last month the increase was 13.4%) it seems logical that the price of Li batteries will continue to increase, and by a Lot. If the raw material is up by 200+% the finished product will increase in cost, will it be over or under 200%? I guess we will find out in 2023, if this trend of massive price increases for the third year. As I look at the historical price charts, it appears that early in Jan of 2021 the price started to jump, and while there have been a few ebbs and flows, the rise has been very dramatic. Jan 2021, Lithium 45,107 Nov 10, 2022, Lithium 593,078 !!!! How high can/will it go?
 
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