Some interesting graphs from Chile 2017 & 18 production and pricing compared to ROW, focusing on SQM & ALB. You will see why Chile gove questioning ALB over their pricing, the stark difference between ROW and China (spot and crap product) pricing.
The below show approx 71kt exported from Chile in 2018 (Morgan Stanley (MS) forecast 2018 production of 185kt), and from my perspective, cant see that improving by more than 20kt in 2019, thus a year late and 103% below MS's 2018 forecasts. Thats a big, big miss, the dangers of using paper supply to forscast actual supply - numbnuts.
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Some interesting graphs from Chile 2017 & 18 production and...
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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3.020 | 135253 | 6 |
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