# Citi Lowers Three-Month Lithium Forecasts to $12,000 a Ton By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/46382 Published: 2026-11-02T12:11:05.000Z Updated: 2026-11-02T12:11:05.000Z Section: Investing > Citi also lowered its lithium price outlook for the next two years, linking the change to slower battery-demand growth, trade uncertainty and broader economic pressure. Citi lowered its three-month forecasts for lithium carbonate and lithium hydroxide to $12,000 a ton each, reflecting slower battery-demand growth and mounting trade and economic pressure. The carbonate forecast fell from $20,000 a ton, while the hydroxide forecast dropped from $17,000 a ton. The revisions leave both three-month estimates at the same level. Citi also reduced its lithium price outlook for the next two years. It linked the lower outlook to slower battery-demand growth, uncertainty around trade and broader macroeconomic headwinds. A separate [Mizuho forecast for lithium carbonate]() put the price at $22,500 per metric ton by the end of 2027, up from $18,375. That longer-range forecast has a different horizon from Citi’s three-month estimates. ## Links in this article - [Mizuho forecast for lithium carbonate](https://www.tokenpost.com/news/business/31756)