Lithium's $12,800 Floor: Supply Cuts Meet EV Pack Rebalancing, Deficit Looms by 2027

2026-11-05, FP360 — Lithium carbonate prices have crashed 32% to $12,800/tonne as Australian mines curtail 18% of output and Chinese lepidolite producers idle, but EV battery pack demand is quietly rebalancing as automakers restock inventory and new LFP models gain share, setting the stage for a supply deficit by 2027.

The Signal: Bearish near-term as visible inventories remain high, but the supply/demand inflection is forming—watch for a breakout above $14,000/tonne.

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Originally published on FINPULSE 360