Banter and General Comments, page-7719

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Kaeho

7,079 Posts.

1648

09/07/19

15:09

Post #: 39440149

Originally posted by Kaeho ↑

I nearly cracked myself laughing when i saw this:

Lithium carbonate min 99.5% Li2CO3 battery grade spot price yuan per tonne, ex works China

Column 1 Column 2 Column 3

1 Origin: China

2 Basis: Ex-works, VAT included

3 Delivery window: 30 days

4 Min lot size: 5 tonnes

5 Quality: Min 99.5% Li2CO3 (delivery of Min 99.2% Li2CO3 also accepted, qualified for use in battery applications)

6 Form: Powder

So Metal Bulletin has been basing their spot prices off tiny lots with a minimum of 5 tonnes?! With 99.2% accepted as battery grade?!

They must be getting their prices from Alibaba LOL!

Thats too easy to manipulate...just sell a 5 tonne lot at a sheet price and boom!.....the worlds ending lol. So this is what they've been up to.....

And that acceptable grade is a joke...thats why they have been producing such crap quality batteries....cue NIO's flaming batteries.

Thats why ALB and SQM are up in arms with LME choosing MB.......its all big scam i tell ya Don't believe them spot prices. 5 tonne lots! LOL!

How about showing us some contract pricing instead, with different pricing for each varying quality between different producers....oh wait, that way too much work.

Expand

Ok Metal Bulletin listing $650 for 6% spod.

AJM boa with new chinese buyer listed at $950.

So its true MB has been getting their 5 tonne lot prices off Alibaba lol.

MB pricing is way off. Its official their pricing structure is a scam. AJM deal just proved it.

GXY Price at posting: $1.34 Sentiment: Buy Disclosure: Held

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	Column 1	Column 3
1	Origin:	China
2	Basis:	Ex-works, VAT included
3	Delivery window:	30 days
4	Min lot size:	5 tonnes
5	Quality:	Min 99.5% Li2CO3 (delivery of Min 99.2% Li2CO3 also accepted, qualified for use in battery applications)
6	Form:	Powder

Banter and General Comments, page-7719

Top Stories

Greentech finds lithium trend across 5.5 km at WA's Kobe South

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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