Exclusive: Chinese lithium producers set price floor as demand evaporates, sources say | Reuters
This would equate to a floor price of around $US 4,600/tonne for SC6 Spodumene based upon current spot prices.
Looking at current spot prices, this sell-off does appear to be more to do with Lithium Carbonate material. Lithium Hydroxide and Spodumene spot prices appear to be holding up better, while Lepidolite has also tanked.
Lithium prices | New Energy | SMM - China Metal Market
Current spot price for lithium ores
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Carbonate Pricing, page-21
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