Lithium prices have been on a wild ride lately. As of October 2025, the market's still pretty unbalanced. Supply and demand, you know?

In China, battery-grade lithium carbonate is going for about $9,200-$9,300 per metric ton. That's roughly $4.18-$4.22 per pound. Industrial-grade lithium metal? A bit cheaper. Around $70,000-$72,000 per metric ton. Or $31.75-$32.66 per pound, give or take.

The lithium market's a bit of a rollercoaster. Electric vehicles are booming. Energy storage too. But production's ramping up worldwide. Tech's improving. And geopolitics? Always stirring the pot.

Prices might keep falling. New supply's coming. But long-term? Battery demand could keep things afloat.

Here's the thing: lithium's not your typical commodity. No public exchanges. It's all about those direct deals. Long-term contracts. Spot market's a different beast. Kind of unpredictable.

Keep an eye on battery tech. Electric car sales. New lithium projects. It's a dynamic market, to say the least. Seems like the future's going to be interesting for lithium prices. Not entirely clear where they'll end up, but it's sure to be a ride.