A few months back Fastmarkets were leading the price reporting, however over the last 8 weeks they have been lagging, for obvious reasons. That lag is reflected in the June quarterly report, thus the disconnect needs to be fixed asap, otherwise, no incentive to sign term contracts, obviously why the company has not contracted any of the Ngungaju plant production. If spot prices are at $1,280 and contract prices are at $650, at the mid point, that's US$305pt left on the table, unacceptable, not happy Jan......
Spodumene Prices, page-1065
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