---- TheLondon Metals Exchange is partnering up with Fast markets to promote thelithium industry’s transition to benchmark pricing, but not all producers areon board.
Excerpt -----
Having no benchmark price for lithium is causing issues forinvestment in the sector, but the London Metal Exchange (LME)’s plan to set areference price for the white metal hasn’t appeased everyone.Last month, LME announced it is teaming up with Fast markets topromote the industry’s transition to transparent and representative globalpricing, which it said will pave the way for the launch of a lithium futurescontract.
The move is expected to provide industry investors, customers,analysts and executives with a full sense of the global market and developrisk-management tools for the industry.
---- Who know where or what will the Lithium price should be atanytime in any cycle; this should be great when most batteries mega factoriesare cranking up mega lithium demands and taking the price between or aboveUS$1,500t to $2,200t or even more.https://*********.com.au/pricing-concerns-divide-lithium-cobalt-markets/
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