The CEO of AKE did an interview recently where he confirmed that the guidance in the last report. That being around $50000 odd for carbonate and around $5500 for spod, can’t remember the exact figures. So he did not seem to think anything would change this quarter.
If anyone was to renege on the price they would want to be certain of an oversupply as PLS and I dare say the other majors will not be interested in doing business with them.
We keep getting the China spot price which I believe is a lot lower than Korea and USA. Seems many still think that the lower prices are just seasonal with running down inventories thrown in, along with the impact of dropping the Chinese rebates. Should settle and increase before too long, here’s hoping anyway.
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