Allkem General Discussion, page-3434

"Info out of China, lithium inventories have been traded down and, are now sitting between 15 and 20 days. In normal markets conditions, inventories usually sit at 60 days."

Thanks to SF@HC over at PLS for the above. Unknown source DYOR.

Cathode producers need to be ordering raw product 3 months in advance for downstream production. in order for August contract volume to be meet upstream material and chemical needs to be ordered today.

We are already seeing inventory held out of the spot market, what will be interesting if the likes of ALB, LTHM, SQM, MIN, PLS are taking the same position as AKE in this respect. I am not suggesting forming a cartel like OPEC (as much as I would like to see that), however we can quickly establish a situation were the proverbial Chinese polluted river runs dry.

They will be screaming for material soon enough.

Not advice