Spodumene price up 1.16% on Asia Metal today.
HOWEVER ... ALL Lithium products are up today on Asia Metal.
http://www.asianmetal.com/LithiumPrice/Lithium.html
To reiterate:
Ken said at RRS on 9Feb2021, the Spod price lags Carbonate by 2 to 3 months ... and price reporting agencies typically lag the real market by up to 4 weeks. Prices now are US$450 to US$480pt for SC6.
He said his price expectations to incentivize production is US$600 to US$650pt. This year, he hopes will be an "incentivize year".
The Spod price is the red line and it's risen more (according to Ken) since the graph was made.
The blue dotted line is China domestic LCE and it has doubled in late 2020.
Spodumene Prices, page-202
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