SOS BOD time to engage with shareholders, page-8

Assuming our SC6 price is the same as PLS via Ganfeng, then PLS gave away the relationship between domestic carbonate and hydroxide prices and SC6 prices in a plot in one of their announcements a while back. Fitting those plots using a regression fit and looking at Fastmarkets for carbonate and hydroxide prices, we have

Carbonate (C) = 74,686 yuan = US$11,114
Hydroxide (H) = 85,500 yuan = US$12,723

Plugging that into 6.16 + 0.0332C + 0.019H = US$617/t
Fastmarket suggests sector wise US$600-US$670/t.

So not much worse but not any better than last quarter. Around US$600 I suspect.