Hydroxide up $500/tonne, carbonate down but as Rodney Hooper notes this is mainly for domestic Chinese supply. The key change this week is the uplift in SC6, no doubt influenced by the last highly successful BMX auction (not a holder of that stock). This price change means more margin shifting from the refiners to the ore producers with a juicy 9.75% ratio of SC6 vs. Hydroxide.
Future dividend values keep rising. GLTAH and bonjour from wintry Paris.
FA & General Banter, page-19584
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