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On 16 July 2024, by General Resolution No. 5526/2024 ("Resolution 5526/2024"), the Directorate of Customs reduced the lithium carbonate export reference values that were stated by Resolution 5197 of 2022 ("Resolution 5197/2022").
Resolution 5526/2024 reduced the export reference values for lithium carbonate destined for Canada and the United States (Group 3) and for the Democratic Korea, Republican Korea, China, the Philippines, Taiwan, Japan, Thailand and Hong Kong (Group 33). The new reference values reflected the significant reduction in lithium prices since September 2022.
The new FOB values are as follows:
The prior reference FOB value under Resolution 5197/2022 was as follows:
Resolution 5526/20204 became effective on 16 July 2024.
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