A supplier source reported selling lithium hydroxide “near $40,000/mt” for CIF North Asia shipments, and a trader indicated $45,0000/mt for prompt delivery of technical-grade lithium carbonate.
“There are offers of $40,000/mt for hydroxide, but I would say the tradable value is still a bit below that,” said another trader source. “In the case of carbonate, prices are not so much above $40,000/mt, although offers can be at $50,000/mt,” he added.
“There must be a correction in prices, otherwise people will find other solutions, but I don’t think the correction will be this year,” said a consumer source who is looking to build up inventory from his first-quarter contract since “we expect prices will keep on rising.”
Good News & Bad News, page-7253
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