Lithium Rebounds to $20,000/T Amid Market Volatility
Lithium carbonate prices have surged back to $19,965 per ton, marking a significant recovery from February's cycle low of $8,333. The commodity's rebound follows months of consolidation between $8,300 and $12,500, before breaking through resistance at $13,889 and peaking NEAR $25,000.
Market structure remains intact with support at $18,750 and resistance at $25,000. The rally validates renewed investor interest, though the sector still bears scars from its boom-bust cycle that erased over $70,000 in value from previous highs.