WS #16669
Citi has lowered its lithium price forecasts for the next two years, citing slowing battery demand growth, which pressures the EV and battery supply chain. Meanwhile, oil prices are reacting to Middle East developments, with Brent dipping below $109 on Hormuz deal hopes. Apple is also facing scrutiny in Germany over potential spyware on iPhones, adding a regulatory risk layer to the tech hardware sector.
Commodities & Lithium Outlook
Citi has lowered its lithium price forecasts for the next two years, citing slowing battery demand growth, which pressures the EV and battery supply chain. Meanwhile, oil prices are reacting to Middle East developments, with Brent dipping below $109 on Hormuz deal hopes. Apple is also facing scrutiny in Germany over potential spyware on iPhones, adding a regulatory risk layer to the tech hardware sector.