Spod News1. The Shanghai Metals Market (SMM website we usually see) reports spod up another $30 to $US5350 /t 6% CIF2. Todays Min Resources 1/4 report advised spod average price @ $US 4,187 /t, BUT, they let the "cat out of the bag' and advised their spod contract price formula:- 95% of the average monthly price for the 3 month trailing set of tbree indices (Fastmarkets, Asian Metals and Benchmark Minerals) and rebased every 6 months.3. I think can get Fastmarkets, can anyone get into Asian Markets (subscriber only), Benchmark want $10k for access - so pass. Nice to calibrate SMM say against Asian Metals? Hopefully getting closer to cracking the Core formula.
Spodumene Price, page-1334
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