Banter and General Comments, page-7711

I nearly cracked myself laughing when i saw this:

Lithium carbonate min 99.5% Li2CO3 battery grade spot price yuan per tonne, ex works China

	Column 1	Column 2	Column 3
0	Origin:		China
1	Basis:		Ex-works, VAT included
2	Delivery window:		30 days
3	Min lot size:		5 tonnes
4	Quality:		Min 99.5% Li2CO3 (delivery of Min 99.2% Li2CO3 also accepted, qualified for use in battery applications)
5	Form:		Powder

So Metal Bulletin has been basing their spot prices off tiny lots with a minimum of 5 tonnes?! With 99.2% accepted as battery grade?!

They must be getting their prices from Alibaba LOL!

Thats too easy to manipulate...just sell a 5 tonne lot at a sheet price and boom!.....the worlds ending lol. So this is what they've been up to.....

And that acceptable grade is a joke...thats why they have been producing such crap quality batteries....cue NIO's flaming batteries.

Thats why ALB and SQM are up in arms with LME choosing MB.......its all big scam i tell ya Don't believe them spot prices. 5 tonne lots! LOL!

How about showing us some contract pricing instead, with different pricing for each varying quality between different producers....oh wait, that way too much work.