Sheesh,, I hope this helps your understanding, read between the lines please, spodumene lithium (brine or hard rock) the data on lithium spodumene production in South America, China & Australia, due to China’s restocking of hydroxide & carbonate, chemical plants are still pushing up spodumene prices near term hence the 850UST, seems to most analysts that 1000UST the benchmark that in accordance with Morgan Stanley Q4 21 should see that benchmark breached or stabilised around those indicative price indicators before next leg up in the supply, demand deficit taking place in 2022.
As Always IMHO DYOR
Good luck...
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