Its my understanding that when these contracts were written up they were based on tonnages and inbuilt price protections.
It appears the Chinese are not honouring either of those terms.
Written on a roll of Sorbent imo.
Fairly sure they value a tonne of sorbent more than a tonne of spod atm.
Demand will bring them back to the table at some point but but that appears to be a long work in progress. A european offtake would be nice!
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