Guys, I have to tell you: The price for Spodumene (6%) from Australia* crashed by -0.39% today in China!
That means we are only up +2.66% over there on a 360-day basis (yoy), according to:
https://www.asianmetal.com/LithiumPrice/Lithium.html
Following this link you can also see how nobody wants to buy industrial grade Lithium Carbonate (99%, 25kg bags*)... -42.39% yoy.
And, how someone (CATL?) managed to get prices down for battery gradeLithium Carbonate (99,5%, in 25kg bags, Origin: China*) ... -35.11% yoy in Chinese yuan* IN CHINA. (basically the Chinese playing with themselves)
And, how battery gradeLithium Carbonate (99,5%) in 1mt bags from Chile / Argentina is only -6.13% cheaper yoy in US dollar* IN CHINA.
And, how the same battery gradeLithium Carbonate (99,5%) in 1mt bags from Chile / Argentina is only -7.86% cheaper yoy in US dollar* in Europe / in the US.
The linear thinking part in my brain is trying to figure out right now what will happen to spodumene producers if these yoy-trends continue...
*you have to 'mouse-over' the label to get the info on origin, weight and currency via a tooltip window
Good News & Bad News, page-25693
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