GLOBAL LITHIUM WRAP: Tight availability, feedstock price spike underpin Asian hydroxide prices Tight spot supply and the upward momentum of lithium raw material prices continued to support lithium hydroxide prices in Asia in the week to Thursday April 29. Battery-grade lithium hydroxide prices in both the domestic Chinese and seaborne Asian markets edged up amid tight availability and robust demand. The battery-grade lithium carbonate price in China continued its marginal downturn amid a supplier-buyer stand-off, while the price in the seaborne Asian market remained firm. Tight supply of battery-grade lithium hydroxide, which is partially due to the limited number of accredited producers in China, has prompted consumers to accept offer hikes. Moreover, most market participants anticipate the nickel-rich lithium-ion battery feedstock price to tick up further in the near future.