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Exclusive: Chinese lithium producers set price floor as demand...

  1. petere
    1,604 Posts.
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    01/04/23
    10:50
    Post #: 67080611


    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

    https://hotcopper.com.au/data/attachments/5168/5168560-1fcdecf7b0cfeb26155a6f4c35872c4f.jpg
    https://hotcopper.com.au/data/attachments/5168/5168573-ed1381668fe47344ac2ff083d68212ed.jpg
    https://hotcopper.com.au/data/attachments/5168/5168584-5c5dd4605601f587c28871e434be8544.jpg
    https://hotcopper.com.au/data/attachments/5168/5168590-95effbc4b53ba5edb64f8ba2d2ee6530.jpg






    Current spot price for lithium ores

    https://hotcopper.com.au/data/attachments/5168/5168569-ef5bdf4b2bbcca839030548a6e6a9eed.jpg

    LLL Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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