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Lithium Price History — Recent 10-Day Base
All prices in ₹ per gram · daily rate, updated once per day
Why Lithium Prices Move So Much
Today's lithium rate is ₹1.73 per gram, but the more interesting question people usually arrive at this page with is not today's number — it's why lithium has such a reputation for swinging hard in both directions. The short answer: demand is concentrated overwhelmingly in one fast-growing use, and supply cannot expand or contract quickly to match it.
Lithium-ion batteries — for electric vehicles first, and increasingly for grid-scale energy storage — now drive the large majority of global lithium demand. Older applications, glass and ceramics manufacturing, greases, a handful of pharmaceutical uses, still exist, but they are a small slice of the pie next to batteries. When one demand source dominates this heavily, the whole market moves whenever that source's growth rate changes, in a way a more diversified commodity simply does not experience.
- Today's price: ₹1.73 per gram (₹1,726.31 per kg)
- Main demand driver: lithium-ion batteries for EVs and energy storage
- Why supply lags: new mines and refineries take years to plan and build
Lithium Price History — Value by Weight
Today's Lithium rate is Two Rupees per gram. At this rate, 10 grams of Lithium costs Seventeen Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹1.73 | Two Rupees |
| 8 Grams | 8.0000 g | ₹13.81 | Fourteen Rupees |
| 10 Grams | 10.0000 g | ₹17.26 | Seventeen Rupees |
| 100 Grams | 100.0000 g | ₹172.63 | One Hundred and Seventy Three Rupees |
| 1 Kilogram | 1,000.0000 g | ₹1,726.31 | One Thousand Seven Hundred and Twenty Six Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹48.94 | Forty Nine Rupees |
| 1 Troy Ounce | 31.1035 g | ₹53.69 | Fifty Four Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹1,726,308.00 | Seventeen Lakh Twenty Six Thousand Three Hundred and Eight Rupees |
The 2021-2022 Boom and the Correction That Followed
The clearest real-world example of lithium's volatility played out around 2021 and 2022. Electric-vehicle sales accelerated faster than most forecasters had expected a few years earlier, and battery manufacturers scrambled to secure lithium supply to keep pace. Because new mines and, especially, new brine-extraction projects take years to plan, permit and bring into production, supply simply could not respond quickly enough. Prices ran up sharply during that window — a well-documented episode, even though this page deliberately avoids citing a specific price level or percentage for it, since exact figures vary by market, currency and which chemical form is being measured.
Then supply caught up — and overshot
What followed was just as real: a sharp correction as new spodumene mines, brine operations, and refining capacity that had been greenlit during the boom finally came online, often years after the investment decisions that started them. Supply additions in a fast-moving commodity market rarely land exactly when demand needs them — they tend to arrive in a rush, and when several projects reach production around the same time, the market can find itself oversupplied even while underlying demand keeps growing steadily.
This pattern — a demand-led rally, a delayed supply response, then an overshoot on the way down — is a familiar shape in commodity markets generally, but lithium's newness and its heavy concentration in one end use made the swings more pronounced than in an older, more diversified market like copper or aluminium.
Lithium Price History — Last 10 Recorded Days
The most recent Lithium price on record (2026-09-17) is Two Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹1.73 | +0.00 |
| 2026-09-16 | ₹1.72 | -0.05 |
| 2026-09-15 | ₹1.77 | -0.03 |
| 2026-09-14 | ₹1.80 | -0.04 |
| 2026-09-13 | ₹1.85 | +0.00 |
| 2026-09-12 | ₹1.85 | +0.00 |
| 2026-09-11 | ₹1.85 | -0.03 |
| 2026-09-10 | ₹1.88 | 0.00 |
| 2026-09-09 | ₹1.88 | -0.01 |
| 2026-09-08 | ₹1.89 | — |
What This Means for Anyone Watching the Price Today
None of this means lithium's story is finished. Battery demand keeps growing as EV adoption spreads and grid-scale storage becomes a larger part of how power systems balance renewable generation. Whether the next multi-year phase looks calmer or brings another round of sharp moves depends on how closely new supply tracks that demand growth from here — something nobody can state with certainty in advance.
For anyone who wants real numbers rather than a general description, the site's own lithium price history page holds the recorded data, organized by year and month, going back further than the 10-day window shown on this page. That is the right place to look for what actually happened on a specific date — this page is meant to explain why it happened the way it did.
One practical takeaway worth carrying forward: because lithium's volatility is structural — tied to how concentrated its demand is and how slowly its supply responds — it is reasonable to expect further sizeable price swings in either direction over time, rather than a settling into gold-like stability anytime soon.
Lithium Price History — FAQs
Lithium demand is dominated by one fast-growing use — lithium-ion batteries for electric vehicles and, increasingly, grid-scale energy storage. When EV sales forecasts accelerate faster than new mines and refineries can be built, prices can run up quickly. When new supply finally lands, often years after it was first planned, it can arrive all at once and overshoot demand, triggering a sharp correction. That boom-and-correction pattern played out visibly around 2021-2022.
Yes, in the sense that a well-documented, sharp correction followed the 2021-2022 run-up, as new supply came online faster than demand grew. This page deliberately does not cite a specific historical price level or percentage for that move, since a precise figure depends on which market, currency and chemical form is being measured — the qualitative pattern itself is the well-established, reliable part of the story.
The lithium price history page holds the site's own recorded daily and monthly data, with real figures rather than a general narrative.
In relative terms, generally yes. Gold has centuries of investment demand and central-bank buying behind it, which smooths its price action. Copper has decades of deep, diversified industrial demand across construction, electronics and infrastructure. Lithium is a newer, smaller market concentrated heavily around one demand driver, which tends to make its price swings larger in both directions.
That depends on how quickly the market matures — more diversified demand, more predictable supply additions and deeper trading infrastructure could smooth things out over time, but none of that is guaranteed on any particular timeline. Given how young this market still is, continued volatility is a reasonable expectation rather than a firm prediction either way.
