China Lithium Futures Bounce Back From Debut Bloodbath

The benchmark January contract jumps nearly 7% after shedding more than 14% in their first two days of trading on the Guangzhou Futures Exchange

Lake Zabuye, located in Tibet, is one of the largest lithium salt lakes in the world. Photo: VCG

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China’s lithium futures clawed back some lost ground Tuesday after two straight days of declines in a brutal debut for the contracts, with the most-traded contract holding above the key psychological threshold of 200,000 yuan per ton ($28,010).