LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-7401

  1. 4,178 Posts.
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    Some interesting Hydroxide figures posted by Joe Lowry
    Joe has always made the point there is no one price for lithium & you can't go by spot prices.

    I track the daily spot prices for Hydroxide CIF China, japan & Korea.
    On July 28 it was $40,750 dropping to $29,800 by the end of August.
    yet the average prices paid by Korea was $47,161 and japan $50,507, these 2 countries accounted for over 90% of China's exports.
    These prices significantly above the quoted spot prices

    China's export volume was a 30% increase month on month and 44% year on year
    A significant increase in non Chinese Demand, can supply keep up with these sorts of figures.
    IMO prices aren't as depressed as the Chinese would have us believe.


    https://hotcopper.com.au/data/attachments/5603/5603762-aa0ea8a008c507844cdfad2d546e50ce.jpg
 
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