GXY 0.00% $5.28 galaxy resources limited

Hi Gcar,Like many here you seem to think that lithium prices...

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    Hi Gcar,


    Like many here you seem to think that lithium prices haven't fallen. I'm sure most here are aware of ORE's lower quality product and the many question marks over China's so called "spot price". You are right to say "there isn't a lithium price" because there are actually many, and they have ALL fallen in 2018. All except product sold under longer term contracts.


    Benchmark are considered by many to be the Lithium price experts and here is their latest chart on lithium prices.


    https://hotcopper.com.au/data/attachments/1400/1400716-2d64a5ae52701647bede38f4f0e87951.jpg


    I can't see any lines going up and even though I am a lithium bull, I have no doubt that spodumene will be a bit weaker this year as well. Not for long hopefully but possibly for the next year or two.



 
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