I can only find one 5kt auction in May that was for delivery in the June quarter so the average price will be close to the contract price.
The auction held in June was for July delivery plus another two auctions in July and August so it appears that there will be 3 auctions counted for delivery in the September quarter as it is likely that if there is another this month, it will be for delivery in the December quarter.
So with the prices for these 3 5kt auctions all at US $6350 and above for 5.5% SC, the average price received should be nudging $5k for the quarter as you would think the contract pricing which was over $4k in the June quarter, will have lifted substantially again.
Cheers.
Ramp up of next PLS shipment..., page-1707
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