The BMX auction is/was a 2 edged sword, it created market tension, now market deflation.
Most Li chemical is sold on longer term contracts, SMM say prices outside China have remained stable.
I hope this posts it is a 2018 article by Benchmark on Li prices forecasting the next decade.
The current pricing "a bump in the road"
https://www.benchmarkminerals.com/c...-not-the-full-picture-to-an-industry-surging/
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