Fitch Ratings sounds the alarm: the rebound in lithium prices is just a "flash in the pan," and oversupply may persist through 2026.

According to the Wise Finance APP, Fitch Ratings predicts that although the price of lithium has risen to over $11,500 per ton in late November (an increase of 38% in the second half of 2025), the soft trend in lithium prices will continue until 2026. Fitch also added that, due to various complex factors such as economics, operations, and strategy affecting production in a dispersed and gradually mature market, the short-term prospects remain uncertain. The agency stated that the price, which is still low compared to historical highs, has already caused marginal producers to suffer losses, but it is not yet enough to trigger large-scale production cuts.